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BGL Advises GFL Environmental on Divestiture of Non-Core Assets

PR Newswire - Wed Jun 14, 2023

Divestiture of the three distinct non-core U.S. solid waste regions represents an enterprise value of approximately C$1.6 billion

CLEVELAND, June 14, 2023 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the divestiture of three distinct solid waste operations of GFL Environmental Inc. (NYSE: GFL) (TSX: GFL), the fourth-largest diversified environmental services company in North America, for an aggregate enterprise value of approximately C$1.6 billion. The divestiture of GFL's Colorado and New Mexico solid waste operations and Nashville, TN operations have been completed in two separate transactions; the divestiture of its Pennsylvania, Maryland, and Delaware operations has received clearance from the U.S. Department of Justice and is scheduled to close on June 30, 2023.

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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