Browsing Tag
Cleanaway Waste Management
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EQT has secured a binding deal for Cleanaway at A$3.095 a share. What could shareholders receive?
Cleanaway Waste Management has signed a binding scheme implementation deed with EQT Infrastructure for an acquisition valued at approximately A$9.3 billion, with a possible fully franked special dividend and a March 2027 completion target, subject to regulatory, shareholder and court approvals.
EROAD (NZX: ERD) installs David Leach as CEO after major North American impairment
EROAD Limited has installed former Cin7 executive David Leach as Chief Executive Officer on October 12, completing a management reset after a difficult financial year dominated by a large North American impairment. He inherits a fleet technology platform with recurring revenue, improving Australian momentum and stronger liquidity, but a share price still close to its 52-week low.
Cleanaway’s (ASX: CWY) A$9.4bn takeover is still alive, but why has EQT requested more time?
EQT Infrastructure has reaffirmed its proposed acquisition of Cleanaway Waste Management while extending exclusive negotiations until 19 October, leaving investors waiting for a binding agreement.