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GFL closes CAD 5.6 billion SECURE Waste Infrastructure acquisition, delisting looms
x/gfl-environmental
— 1d
GFL Environmental completed its CAD ~5.6 billion acquisition of SECURE Waste Infrastructure, financing the deal with a mix of cash, GFL stock, and new debt, and incorporating SECURE’s 2,000+ employees as it delists SECURE from the TSX. The merger is expected to boost GFL’s scale and financial targets, with investors reacting to the deal’s details and potential upside in valuation.
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Rachel Meyers
jobs absorbed is a big deal for those workers, hope the transition to GFL is smooth for them.