What is the value of the potential GFL Environmental acquisition of Secure Waste?

The potential acquisition of Secure Waste Infrastructure Corp. by GFL Environmental Inc. is valued at over C$6 billion, including debt.

How is the GFL Environmental and Secure Waste deal structured?

The deal is expected to be structured with approximately 20% cash and 80% stock.

What benefits does GFL Environmental expect from acquiring Secure Waste?

GFL executives view Secure Waste's assets as complementary to its existing business, anticipating meaningful opportunities for cost savings and cross-selling services.

Home / Business and Economy / GFL Nears C$6B Deal for Secure Waste

GFL Nears C$6B Deal for Secure Waste

13 Apr

•

Summary

GFL Environmental nears C$6 billion deal for Secure Waste.
Transaction includes over C$4.3 billion in debt.
Deal structured with 20% cash and 80% stock.

GFL Environmental Inc. is reportedly on the verge of acquiring Canada's Secure Waste Infrastructure Corp. in a transaction valued at more than C$6 billion, which includes existing debt. The deal's structure is anticipated to comprise approximately 20% cash and 80% stock.

This potential combination is expected to substantially bolster GFL's presence in western Canada and enhance its offerings in industrial and energy-related waste services. The proposed acquisition price is around C$24.50 per share, indicating a premium of about 15% over recent trading levels, though the final terms are not yet certain.