GFL Environmental Inc. Announces Agreement to Sell …
GFL will retain a $1.7 billion equity interest in the Environmental Services business and expects to realize cash proceeds from the Transaction of approximately $6.2 billion net of the retained equity and taxes.
GFL Environmental Inc. Announces Agreement to Sell …
Jan 7, 2025 · GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) (“GFL” or the “Company”) today announced that it has entered into a definitive agreement (the “Transaction Agreement”) with funds managed by affiliates of Apollo (NYSE:APO) (the “Apollo Funds”) and BC Partners (the “BC Funds”) for the sale of its Environmental Services business ...
GFL Environmental selling majority stake in environmental services ...
Jan 7, 2025 · GFL Environmental Inc. has signed a deal to sell a majority interest in its environmental services business to private equity firms Apollo and BC Partners in an agreement that will see it realize $6.2 billion in cash proceeds.
GFL selling environmental services division to Apollo, BC Partners …
Jan 7, 2025 · GFL Environmental has reached an agreement with affiliates of asset management fund Apollo and investment firm BC Partners to sell its environmental services division for $8 billion...
Apollo, BC Partners Near Deal for $5.6 Billion GFL Environmental ...
Jan 7, 2025 · (Bloomberg) -- 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...
GFL Environmental Inc. Announces Agreement to Sell …
Jan 7, 2025 · GFL Environmental Inc. announced early this morning (January 7th, 2025) that it has entered into a definitive agreement with funds managed by affiliates of Apollo and BC Partners for the sale of its Environmental Services business for an enterprise value of $8.0 billion.
GFL Reportedly in Talks to Sell Environmental Services Unit to Apollo …
Dec 18, 2024 · GFL launched an auction for the division earlier this year and New York-based Apollo has emerged as the likely buyer, according to two sources familiar with the negotiations. The deal is expected to be announced in early January; however, talks are continuing and the terms could change.
GFL Environmental Inc. to sell majority stake in Environmental …
Jan 7, 2025 · 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.
GFL To Sell Environmental Services Business To Apollo Funds, BC …
Jan 7, 2025 · (RTTNews) - GFL Environmental Inc. (GFL), a Canadian waste management firm, announced on Tuesday that it has inked a deal with funds managed by affiliates of Apollo Global Management, LLC (APO) and...
GFL Environmental to Sell Majority Stake to Apollo, BC Partners …
Jan 7, 2025 · GFL Environmental has agreed to sell a majority stake in its environmental-services business to affiliates of Apollo and BC Partners for $8 billion. The deal encompasses industrial properties across North America and is set to close in the first quarter of 2025, subject to customary conditions.