EQT Announces $6.5 Billion Acquisition of Australian Waste Management Company Cleanaway

On October 19, EQT announced that its Infrastructure VI fund has signed an agreement to acquire 100% of the issued ordinary shares of Australian waste management company Cleanaway. According to the plan, shareholders of Cleanaway will receive $3.095 in cash per share, subject to any applicable adjustments for subsequent dividends or distributions. This cash consideration implies a corporate valuation of approximately AUD 9.3 billion (approximately USD 6.5 billion). (Caixin)