GIG has announced its partnership arrangement with Covanta to jointly develop the project through acquiring a 50% stake

Date December 18, 2017

Type M&A Transactions

Subtype Transaction agreement announced

Subsectors Waste-to-Energy

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

GIG has announced its partnership arrangement with Covanta to jointly develop the project through acquiring a 50% stake

Similar updates

▶TINC has announced the closing of the acquisition, following approval by the Belgian competition authority. TINC and unlisted infrastructure fund DG Infra Yield have jointly acquired a majority stake in the portfolio of residential care facilities and a minority stake in the related operations of Réseau Eqso
▶TDC has agreed to be acquired by Danish pension funds pension funds ATP, PFA and PKA, and Macquarie Infrastructure and Real Assets. Macquarie will purchase a 50% interest in TDC and the three funds will split the remaining stake equally between them. TDC shareholders will get DKK50.25 (US$8.34) per share in cash
▶The Boards of Directors of both companies have unanimously approved the deal. Granite will acquire all of the outstanding shares of Layne in a stock-for-stock transaction. Layne shareholders will get a fixed exchange ratio of 0.270 Granite shares for each share of Layne common stock they own, which represents US$17 per Layne share or a premium of 33%. The deal is is expected to be finalised in the second quarter of 2018

Related transactions

▶Green Investment Group Limited acquires stake in waste-to-energy PPP from Covanta

Share this update