Browsing Tag
Cleanaway Waste Management Limited
2 posts
Cleanaway Waste Management (ASX: CWY) takeover moves closer as EQT clears due diligence
Cleanaway Waste Management Limited shares rose after EQT Infrastructure confirmed due diligence had uncovered nothing requiring it to withdraw or reduce its proposal, leaving the Australian waste group closer to a binding takeover deal but not there yet.
Cleanaway gets A$9.4bn EQT proposal as A$3.13 offer puts 20x EBIT valuation on ASX: CWY
Cleanaway’s A$9.4bn EQT proposal offers A$3.13 a share, but due diligence, approvals and a 20x EBIT valuation still separate the bid from a final deal.