Waste management firm GFL Environmental (GFL.TO) said on Monday it had agreed to acquire Canadian peer Secure Waste Infrastructure (SES.TO) in a deal worth about C$6.4 billion ($4.63 billion), including debt.
U.S.-listed shares of GFL were down 2.5% in premarket trading.
GFL will acquire all outstanding common shares of Secure Waste for $24.75 apiece through a combination of cash and stock.
Last year, GFL sold its environmental services division to Apollo and BC Partners in a $5.6 billion deal.
Secure Waste operates in Western Canada and North Dakota with 12 landfills, 55 waste treatment facilities, 12 recycling facilities, 98 injection wells and 5 transfer stations.
($1 = 1.3836 Canadian dollars)
