GFL Environmental rejects $52/share offer from PE consortium and ends review
FROM THE WIRE · SEEKINGALPHA.COM
[Environmental service truck in Toronto, Canada] typhoonski/iStock Editorial via Getty Images GFL Environmental (GFL [https://seekingalpha.com/symbol/GFL]) rejected a $22 billion takeover offer from a consortium led by Blackstone (BX [https://seekingalpha.com/symbol/BX]), KKR &…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralRejecting a roughly $22 billion buyout offer ends a sale review with private equity interest.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01GFL rejected a $22 billion takeover offer.
- 02The consortium is led by Blackstone, KKR and Energy Capital Partners.
- 03According to the Globe and Mail, the board will not accept the $52 per share offer.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
GFL Environmental Inc.45.88 USDMarket closedtoday -0.95%Neutral Blackstone Inc.124.07 USDMarket closedtoday +3.82%Neutral KKR & Co. Inc.98.09 USDMarket closedtoday +1.67%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets