GFL Environmental Acquires Sprint Waste Services to Densify Footprint in Southern US.
MANews-(C)2009-2022
Canada-based environmental services company GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) has acquired Texas-based solid waste assets network Sprint Waste Services to densify its Southern US footprint, the company said.
Terms of the transaction were not disclosed.
GFL financed the acquisition through its credit facility, divestitures, cash on hand and the issuance of 3,976,434 subordinate voting shares as partial consideration for the acquisition of Sprint Waste, allowing the company to maintain its current...
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