SECURE Energy sells facilities to Waste Connections for $1.075 billion

SECURE Energy Services Inc. entered into a definitive agreement to sell facilities formerly owned by Tervita Corporation to Waste Connections Inc. for $1.075 billion in cash plus adjustments, totaling estimated proceeds of $1.150 billion. The sale is subject to regulatory approvals with closing targeted in Q1 2024.

“Despite the challenging circumstances leading to and associated with completing this sales process, we believe the Transaction, including the counterparty, are beginning to highlight the underlying value of SECURE's businesses.”newswire.ca

• 1 source
• newswire.caSECURE Announces $1.075 Billion Asset Sale to Waste ConnectionsSECURE Energy Services Inc.Dec 11, 2023

Summarized from public sources; check the original articles before acting on it.