M&AIndustrialsCLOSED
Platinum sells Spanish waste business to Blackstone and EQT for $6.6bn
Value
$6.6Bn
Acquirer
Blackstone, EQT
Target
Platinum's Spanish waste business
Platinum has completed the $6.6 billion sale of its Spanish waste management business to Blackstone and EQT. This transaction is part of a broader trend where private equity firms are divesting assets.
✦ Meridian Analysis
The sale of the Spanish waste business by Platinum to two major private equity firms, Blackstone and EQT, signifies a significant transaction in the European mid-market. It reflects the ongoing activity and value realization within the waste management sector.
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