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The latest update is out from GFL Environmental ( (TSE:GFL) ).
On January 6, 2025, GFL Environmental Inc. announced a definitive equity purchase agreement to sell its Environmental Services Business for an enterprise value of $8 billion. The company will retain a 44% equity interest and expects to receive approximately $6.2 billion in cash proceeds, which will be used to deleverage its balance sheet and pursue growth initiatives.
More about GFL Environmental
GFL Environmental Inc. operates in the waste management industry, focusing on liquid waste management and soil remediation services across Canada and the United States.
YTD Price Performance: -1.86%
Average Trading Volume: 1,157,583
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $17.18B
See more data about GFL stock on TipRanks’ Stock Analysis page.
