EQT agrees to acquire Cleanaway Waste in $6.5B deal
FROM THE WIRE · SEEKINGALPHA.COM
Swedish investment firm EQT has agreed to acquire Australian waste management company Cleanaway Waste Management (TSPCF [https://seekingalpha.com/symbol/TSPCF]) in a deal valuing the business at approximately A$9.3B ($6.5B), including debt. Through its EQT Infrastructure VI…
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA large cross-border acquisition by a Swedish investment firm in Australia, offering a cash premium to shareholders.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01EQT will acquire Cleanaway Waste Management through its EQT Infrastructure VI fund.
- 02The deal values the business at about A$9.3 billion ($6.5 billion) including debt.
- 03The price is A$3.095 per share in cash, less any dividends paid before completion.
- 04Completion is expected by the end of March 2027.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets