GFL Environmental Looks to Sell Environmental Services Unit to Apollo for C$8B, The Globe & Mail Reports

Dow Jones12-19

-- GFL Environmental is in exclusive talks to sell its environmental services business to assent manager Apollo Global Management 8 billion Canadian dollars ($5.54 billion), according to a report by The Globe and Mail.

-- Apollo became a contender to acquire the business after the Canadian waste management giant launched an auction for the unit earlier in the year, according to two unidentified sources.

Full article: https://www.theglobeandmail.com/business/article-gfl-in-talks-with-apollo-to-sell-environmental-services-division-for-8/

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

December 19, 2024 06:58 ET (11:58 GMT)

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