GFL Environmental has reached an agreement to sell its environmental services business in a deal valued at C$8 billion ($5.59 billion). GFL expects cash proceeds from the deal to be around C$6.2 billion. It intends to use up to C$3.75 billion of the net proceeds to repay debt, leaving up to C$2.25 billion for share repurchases. "GFL Environmental to Sell Environmental Services Business in Deal Worth $8B," at 6:27 a.m. ET, incorrectly said the deal was transacted in U.S. dollars.
(END) Dow Jones Newswires
January 07, 2025 06:50 ET (11:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。