TSX:SESOil and Gas
Secure Waste Sale To GFL Puts Spotlight On Valuation And Deal Risks
SECURE Waste Infrastructure shareholders have approved a CA$5.4b acquisition by GFL Environmental.
The vote moves the TSX:SES sale forward despite public opposition from activist investor Abrams Capital Management LP.
The decision paves the way for a change of control that will affect existing shareholders and future investors.
SECURE Waste Infrastructure, traded as TSX:SES, now sits at the center of a major transaction after shareholders backed the CA$5.4b deal with GFL Environmental. The...