GFL Environmental Inc. - GFL Environmental Inc. Announces …
2 days ago · $8.0 billion valuation significantly exceeds management's initial expectations Proceeds to be used to repay up to $3.75 billion of debt and for opportunistic share repurchases of up to $2.25 billion Transaction allows GFL to roll $1.7 billion of equity in a tax efficient structure allowing for significant future value accretion Pro forma Net …
GFL CEO intends to kick-start solid waste M&A spending in ‘2025 …
2 days ago · The company expects to use the proceeds from the sale to repay up to $3.75 billion in debt and buy back up to $2.25 billion worth of shares. According to a presentation shared with investors, GFL also expects that its deleveraged balance sheet and higher adjusted free cash flow conversion will allow annual solid waste M&A spending of approximately $1 billion.
GFL Environmental Inc. Announces Agreement to Sell …
2 days ago · GFL Environmental Inc. Logo (CNW Group/GFL Environmental Inc.) GFL intends to use up to $3.75 billion of the net proceeds from the Transaction to repay debt, making available up to $2.25 billion ...
The Daily Chase: GFL sells stake in enviro services biz
1 day ago · Here are five things you need to know this morning: GFL sells stake in enviro unit: Private equity groups Apollo Global Management and BC Partners have agreed to buy a controlling stake in TSX-listed GFL Environmental Inc.‘s environmental services business.The deal announced this morning will see the PE groups own 56 per cent of the business that’s now valued at $8 billion.
GFL Environmental selling majority stake in environmental services ...
1 day ago · GFL says it plan to use up to $3.75 billion of the net proceeds from the sale to repay debt and up to $2.25 billion for the repurchase of its shares. The deal also gives GFL an option, but not an obligation, to repurchase the environmental services business within five years of the closing of the sale.
Canada's GFL sells environmental services business in $5.6 bln …
2 days ago · 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 ...
GFL sells environmental services unit to pay down debt, but deal ...
1 day ago · GFL will use up to $3.75-billion of the cash proceeds to pay down its $9.5-billion debt load, and will use the remaining $2.25-billion for share repurchases, and general corporate purposes.
GFL Environmental Inc. - News
Jan 2, 2025 · GFL Environmental Inc. Announces Agreement to Sell Environmental Services Business Valued at $8.0 Billion
GFL forecasts at least $4.3B from environmental services sale ...
Nov 7, 2024 · Capital allocation: GFL continues to spend on newly secured EPR contracts and construction of RNG facilities. The company completed construction on two MRFs this year, with two more expected in early 2025. GFL will continue …
Apollo, BC Partners acquire GFL environmental services unit
2 days ago · Vaughan, Ontario-based GFL offers services in solid waste and liquid waste management as well as soil remediation in Canada and the U.S., according to its website. The company employs more than 20,000 people. In 2018, a BC Partners-led consortium invested in GFL in a deal that valued the Canadian firm at $5.1 billion including debt.