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BC Partners, GFL Environmental and Apollo Global Management
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.
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.
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.
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
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 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.
Apollo, BC to buy GFL’s environmental services biz for C$8.0bn
Apollo Global Management and BC Partners have agreed to acquire environmental services business of GFL Environmental for an enterprise value of C$8.0 billion.
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
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 To Sell Environmental Services Business To Apollo Funds, BC For C$8 Bln
GFL Environmental Inc. (GFL), a Canadian waste management firm, announced on Tuesday that it has inked a deal with funds managed by
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.
27m
on MSN
KKR weighs $8.5B sale of U.K. recycling company Viridor - report
KKR (NYSE:KKR) is speaking to potential advisors about a potential sale of U.K. waste management company Viridor Lid. -- ...
3d
GFL CEO intends to kick-start solid waste M&A spending in ‘2025 and beyond’
The company had slowed its M&A spending to focus on reducing debt, but CEO Patrick Dovigi said during an investor call that ...
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