Covanta Holding Corporation

NYSE:CVA   3:59:56 PM EDT
-0.05 (-0.25%)
: $19.90 -0.05 (-0.25%)
Mergers / Acquisitions

EQT Infrastructure To Acquire Covanta Holding Corporation

Published: 07/14/2021 12:13 GMT
Covanta Holding Corporation (CVA) - Eqt Infrastructure to Acquire Covanta Holding Corporation, a Global Leader in Waste-to-energy Solutions, for USD 5.3 Billion.
Transaction is Subject to Customary Conditions and Approvals.
It is Expected to Close by Year End.
Covanta Shareholders to Receive USD 20.25 in Cash per Share of Covanta's Common Stock.
Purchase Price Represents 37% Premium to Covanta's Unaffected Share Price of USD 14.86 on June 8, Day Prior to Initial Media Speculation of Deal.
Deal Was Unanimously Approved by Covanta's Board of Directors.