EQT’s A$9.3 billion takeover of Cleanaway reshapes Australia’s waste sector, regulators and unions prepare for scrutiny
Swedish buyout group EQT has lodged a binding scheme to acquire Cleanaway for A$3.095 a share, valuing the Australian waste services group at about A$9.3 billion. The deal, announced this week and moving quickly towards shareholder and regulatory steps, intensifies debate over foreign buyouts of critical infrastructure and the future of recycling and landfill operations in Australia.