Enviri to Sell Clean Earth to Veolia Environnement for $3.04B

Enviri to sell Clean Earth to Veolia Environnement for $3.04B

Veolia to acquire Enviri’s Clean Earth for $3B

The deal will help double Veolia’s U.S. footprint in the hazardous waste space. Enviri will also spin out Harsco Environmental and Harsco Rail into a new company.

Enviri Strikes $3 Billion Deal to Sell Clean Earth, Paving Way for New Spin-Off

PHILADELPHIA, PA — Enviri Corporation (NYSE: NVRI) has reached a landmark agreement to sell its Clean Earth division to Veolia Environnement SA for $3.04 billion in cash, a transformative move that will return significant value to shareholders and carve out a newly independent company focused on the Harsco Environmental and Rail businesses. Under the deal, Enviri shareholders are expected to receive between $14.50 and $16.50 per share in cash — …

Veolia becomes a leader in U.S. waste management with acquisition of Clean Earth

This will double Veolia’s U.S. hazardous waste footprint to create a number two player in a fast-growing sector, with a nationwide operational platform, wider market coverage and an advanced portfolio of technical capabilities.

Enviri (NVRI) Soars as It Sells Clean Earth to Veolia for $3.04 Billion and Unveils “New Enviri” Spin‑Off

Enviri Corporation (NYSE: NVRI) has kicked off one of the most consequential restructurings in its 170‑year history, agreeing to sell its Clean Earth hazardous‑waste business to France’s Veolia Environnement for $3.04 billion in cash and unveiling plans to spin off its remaining Harsco Environmental and Rail units into a new standalone public company dubbed “New Enviri.” Enviri+1 The deal, announced early Friday, sent NVRI stock jumping more tha…