Australia's CPE makes $1.7b bid for Bingo Industries
A consortium led by CPE Capital has submitted a buyout offer for Bingo Industries, an Australia-based waste management and recycling company at an enterprise valuation of A$2.28 billion ($1.7 billion).
The consortium – which includes Macquarie Infrastructure & Real Assets and could incorporate other co-investors – is willing to buy all outstanding shares for A$3.50 apiece through a scheme of arrangement,...
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