GFL Environmental, BC Partners and Apollo Global Management

Apollo, BC Partners Near Deal for $5.6 Billion GFL Environmental Services Unit
Apollo Global Management Inc. and BC Partners agreed to acquire a controlling stake in GFL Environmental Inc.’s environmental services unit, in a deal that values the business at C$8 billion ($5.6 billion) including debt.
GFL selling environmental services division to Apollo, BC Partners for $5.6B
GFL will retain a 44% stake in the division, with the option to repurchase within five years. The news marks a turning point in the company’s effort to reduce its debt leverage.
GFL Environmental to Sell Environmental Services Business in $5.6 Billion Deal
The Canadian company will retain an equity interest as part of a deal with funds managed by affiliates of Apollo and BC Partners.
GFL sells environmental services unit to pay down debt, but deal complicates end goal
The waste management giant can use cash proceeds from the sale to Apollo and BC Partners to pay down its existing debt, but the complex transaction will add new debt
GFL Environmental Inc. Announces Agreement to Sell Environmental Services Business Valued at $8.0 Billion
GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") today announced that it has entered into a definitive agreement (the "Transaction Agreement") with funds managed by affiliates of Apollo (NYSE:APO) (the "Apollo Funds") and BC Partners (the "BC Funds") for the sale of its Environmental Services business for an enterprise value of $8.
GFL Environmental To Sell Stake In Environmental Services Business: Debt Reduction & Stock Buyback On The Cards
GFL Environmental is selling stake in its Environmental Services business to Apollo Global Management and BC Partners.
Canada's GFL sells environmental services business in $5.6 billion deal to cut debt
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 company aims to pare debt and buy back shares.
GFL Environmental to sell majority of Environmental Services business for $6.2B
GFL Environmental (GFL) announced that it has entered into a definitive agreement with funds managed by affiliates of Apollo (APO) and BC
Apollo, BC to buy GFL’s environmental services biz for C$8.0bn
Apollo Global Management and BC Partners have agreed to acquire environmental services business of GFL Environmental for an enterprise value of C$8.0 billion.
ATB Capital Issues Positive Forecast for GFL ENVIRON-TS (CVE:GFL) Stock Price
GFL ENVIRON-TS (CVE:GFL – Get Free Report) had its target price hoisted by ATB Capital from C$75.00 to C$80.00 in a research ...
GFL To Sell Environmental Services Business To Apollo Funds, BC For C$8 Bln
GFL Environmental Inc. (GFL), a Canadian waste management firm, announced on Tuesday that it has inked a deal with funds managed by ...
Reuters3d
Canada's GFL sells environmental services business in $5.6 bln deal to cut debt
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 ...