Deals
GFL Environmental to Buy Secure Waste in C$6.4 Billion Deal
A GFL Environmental Inc. garbage truck arrives at a transfer station in Toronto, Ontario.
Photographer: Cole Burston/BloombergGFL Environmental Inc. agreed to acquire an Alberta waste company in a deal worth C$6.4 billion ($4.6 billion), expanding its footprint in western Canada and in industrial and energy-linked services.
GFL will pay C$24.75 per share for Calgary-based Secure Waste Infrastructure Corp. The deal will be structured with 80% in stock and 20% in cash and is expected to close in the second half of the year, according to a statement Monday.