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Apollo, BC Partners and GFL Environmental
Apollo, BC Partners Near Deal for $5.6 Billion GFL Environmental Services Unit
Apollo Global Management Inc. and BC Partners agreed to acquire a controlling stake in GFL Environmental Inc.’s environmental services unit, in a deal that values the business at C$8 billion ($5.6 billion) including debt.
Apollo, BC Partners to acquire environmental services business for $8bn
Apollo Global Management and BC Partners have reached an agreement to acquire GFL Environmental's Environmental Services business in a deal valued at $8 billion.
GFL selling environmental services division to Apollo, BC Partners for $5.6B
GFL will retain a 44% stake in the division, with the option to repurchase within five years. The news marks a turning point in the company’s effort to reduce its debt leverage.
Canada's GFL sells environmental services business in $5.6 billion deal to cut debt
By Anshuman Tripathy (Reuters) -GFL Environmental said on Tuesday it would sell its environmental services division in a deal valued at C$8 billion ($5.59 billion), as the Canadian waste management company aims to pare debt and buy back shares.
Apollo, BC Partners close to buying GFL Environmental unit, Bloomberg says
Apollo Global and BC Partners-backed consortium is close to buying a controlling stake in GFL Environmental (GFL) Inc.’s environmental services
GFL Environmental Inc. Announces Agreement to Sell Environmental Services Business Valued at $8.0 Billion
GFL Environmental Inc. announced that it has entered into a definitive agreement with funds managed by affiliates of Apollo and BC Partners for the sale
GFL sells environmental services unit to pay down debt, but deal complicates end goal
The waste management giant can use cash proceeds from the sale to Apollo and BC Partners to pay down its existing debt, but the complex transaction will add new debt
Apollo, BC Partners agree to acquire GFL environmental services unit
Apollo Global Management Inc. and BC Partners agreed to acquire a controlling stake in GFL Environmental Inc.’s environmental services unit, in a deal that values the business at $8 billion including debt.
GFL Environmental to sell majority of Environmental Services business for $6.2B
GFL Environmental (GFL) announced that it has entered into a definitive agreement with funds managed by affiliates of Apollo (APO) and BC
GFL Environmental to Sell Environmental Services Business in $5.6 Billion Deal
The Canadian company will retain an equity interest as part of a deal with funds managed by affiliates of Apollo and BC Partners.
GFL Environmental Inc. to sell majority stake in Environmental Services business to Apollo, BC Partners
GFL will retain a CA$1.7 billion equity interest in the business and expects to realize cash proceeds of CA$6.2 billion.
thedeepdive
2d
GFL Sells Majority Interest In Environmental Services Segment For $6.2 Billion
(TSX: GFL) has entered into an arrangement to sell off a majority interest in one of its two operating segments. The sale, ...
3d
Shawbrook owners target £2bn valuation as they weigh sale or IPO
Shawbrook’s private equity owners are considering a sale of the lender or a London listing at a target valuation of £2bn, marking a glimmer of optimism in the UK capital after a bad year for its main ...
5d
on MSN
Shawbrook aims to kickstart London IPO market with £2bn float
The mid-tier lender's owners, BC Partners and Pollen Street Capital, are lining up Goldman Sachs to spearhead a public ...
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