Browsing Tag
Allen Gransch
1 post
GFL Environmental closes C$6.4bn SECURE deal as 75m-share issuance reshapes equity base
GFL Environmental has completed its approximately C$6.4 billion acquisition of SECURE Waste Infrastructure, financing the transaction with cash, debt and more than 75 million new shares. Management still expects 12% to 15% adjusted free-cash-flow-per-share accretion, but the integration now adds a US$1 billion term loan and expands GFL's pre-close share count by roughly one-fifth.