Reported 20 days ago
Blackstone and EQT have progressed to the next bidding round in the sale of waste management company Urbaser, valued at approximately 5 billion euros. The sale is overseen by private equity firm Platinum, which has enlisted Citi and Santander as advisors. Bidders have been instructed to conduct due diligence and prepare final offers for submission by late February, following the exit of rival firms KKR and Macquarie from the process. This transaction could become one of the largest private equity deals in Europe in recent months, reflecting the growing interest in the waste management sector.
Source: YAHOO