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.

wastedive.com

GFL selling environmental services division to Apollo, BC Partners for $5.6B

(Bloomberg) — A consortium backed by Apollo Global Management Inc. and BC Partners is close to acquiring a controlling stake in GFL Environmental Inc.’s environmental services unit, in a deal that could value the business at about C$8 billion ($5.6 billion), including debt, people familiar with the matter said.

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Financial Post

Leon Cooperman

Allianz

Canada

Apollo, BC Partners Near Deal for $5.6 Billion GFL Environmental Services Unit

The business is appealing to private equity buyers because it has predictable revenues and can be considered an infrastructure asset

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The Globe & Mail

The Woodbridge Company

GFL sells environmental services division to Apollo and BC Partners, earning $6.2-billion in cash proceeds

Green Stock News for the New Green Economy.

Green Stock News

GFL Environmental Announces Agreement to Sell Environmental Services Business Valued at $8.0 Billion

Here are five things you need to know this morning.

BNN Bloomberg

Bell Media

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

The Daily Chase: GFL sells stake in enviro services biz

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 of its Environmental Services business […]

Waste Advantage Magazine

GFL Environmental Inc. Announces Agreement to Sell Environmental Services Business Valued at $8.0 Billion - Waste Advantage Magazine

GFL Environmental announces $8B sale of its Environmental Services business while retaining 44% stake. Plans include major debt reduction and $2.25B share buyback program.

stocktitan.net

GFL Environmental Strikes $8B Deal to Sell Environmental Services Unit, Plans $3.75B Debt Cut

2025-01-07 03:33:36 :  
(Bloomberg) — A consortium backed by Apollo Global Management Inc. and BC Partners is close to acquiring a controlling stake in GFL Environmental Inc.’s environmental services unit, a deal that could value the business at about C$8 billion ($5.6 billion), the company said. billion), including debt, sources said.   
The investor group is in advanced talks for a stake and could announce a deal within days, people familiar w…

Thelocalreport.in

British Columbia's Apollo Partners closes $5.6 billion GFL environmental services unit deal

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 will retain a $1.7 billion equity interest in the Environmental ...

wawa-news.com

GFL Environmental Inc. Announces Agreement to Sell Environmental Services Business – Wawa-news.com

The Canadian waste management company GFL Environmental has signed a final agreement for the sale to the Apollo and BC Partners funds of 56% of its environmental services business, whose business value has been set at $8 billion (€7,721 million).

La empresa canadiense de gestión de residuos GFL Environmental ha firmado un acuerdo definitivo para la venta a los fondos Apollo y BC Partners del 56% de su negocio de servicios ambientales, cuyo valor empresarial se ha fijado en 8.000 millones de dólares (7.721 millones de euros).

GFL Environmental vende su negocio de servicios ambientales a Apollo y BC Partners

diarioestrategia.cl

GFL Environmental sells its environmental services business to Apollo and BC Partners

GFL Environmental (TSX: GFL) has entered into an arrangement to sell off a majority interest in one of its two operating segments. The sale, which is to occur at a valuation that “significantly exceeds management’s initial expectations,” will see the company dispose of its Environmental Services business segment at a $8.0 billion valuation. The transaction will see the operating segment sold off to affiliates of Apollo (NYSE: APO) and BC Partner…

GFL selling environmental services division to Apollo, BC Partners for $5.6B

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