GFL Environmental (NYSE:GFL) said it will sell its Environmental Services business to funds managed by affiliates of Apollo (NYSE:APO) and BC Partners, for an enterprise value of C$8 billion deal. The ...

The Canadian company will retain an equity interest as part of a deal with funds managed by affiliates of Apollo and BC Partners.

GFL Environmental sells Environmental Services business for $8B, retains 44% equity interest. Plans to use $3.75B to repay debt, $2.25B for share buybacks, cutting annual interest by $200M.

$8.0 billion valuation significantly exceeds management's initial expectationsProceeds to be used to repay up to $3.75 billion of debt and for opportunistic share repurchases of up to $2.25 ...

By Anshuman Tripathy (Reuters) -GFL Environmental said on Tuesday it would sell its environmental services division in a deal valued at C$8 billion ($5.59 billion), as the Canadian waste management ...

GFL Environmental (GFL) announced that it has entered into a definitive agreement with funds managed by affiliates of Apollo (APO) and BC Partners for the sale of its Environmental Services ...

Apollo and BC will each hold a 28% equity stake in the business GFL will retain a 44% equity interest in the environmental services business The transaction is expected to close in the first ...

GFL Environmental Inc. has signed a deal to sell a majority interest in its environmental services business to private equity ...

GFL Environmental Inc., headquartered in Vaughan, Ontario, has entered into a definitive agreement with funds managed by affiliates of Apollo and BC Partners to sell a majority stake in its ...

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 ...

GFL Environmental has reached an agreement to sell its environmental services business in a deal valued at 8 billion Canadian dollars, equivalent to about $5.59 billion, though it would retain an ...

Jan 7 (Reuters) - GFL Environmental (GFL.TO), opens new tab said on Tuesday it would sell its environmental services division in a deal valued at C$8 billion ($5.59 billion), as the Canadian waste ...