‘Unimpressed’: Cleanaway slammed by major shareholder over EQT bid
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One of Cleanaway's biggest shareholders has slammed the board's handling of a buyout offer from Swedish investment giant EQT, which values the nation's top waste management operator at $9.4 billion, saying the premium being offered is underwhelming given the company's depressed share price. Other investors also gave a lukewarm response, despite the company granting EQT Infrastructure a nine-week period for exclusive due diligence and stating its intention to recommend the $3.13-a-share proposal once it is firmed up. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Fetching latest articles