GFL Environmental Sale to Private Equity Consortium Could Close Next Week
FROM THE WIRE · SEEKINGALPHA.COM
[Environmental service truck in Toronto, Canada] typhoonski/iStock Editorial via Getty Images A sale of GFL Environmental (GFL [https://seekingalpha.com/symbol/GFL]) to a consortium of private equity firms could be reached as early as next week. While the companies are still…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralA private equity take-private of a listed company is relevant for GFL shares and the bidding groups.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01According to Bloomberg, a sale of GFL Environmental to a private equity consortium could be reached as early as next week.
- 02The companies are still negotiating the terms and structure of the potential deal.
- 03GFL has received offers from two groups: one with KKR, Energy Capital Partners and Blackstone, the other with Brookfield Asset Management.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
GFL Environmental Inc.44.46 USD0.00%today +1.39%Positive KKR & Co. Inc.87.09 USD0.00%today +1.02%Neutral Blackstone Inc.107.49 USD+0.20%today +0.83%Neutral Brookfield Asset Management Ltd.45.33 USD+0.12%today +0.01%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets