Apollo, EQT, Stonepeak Vie for GFL Environmental Unit
A worker loads household waste containers into a GFL Environmental Inc. garbage truck at a residential neighborhood in Toronto.
Photographer: Cole Burston/BloombergThis article is for subscribers only.
Investment firms Apollo Global Management Inc., EQT AB and Stonepeak are among suitors vying to acquire GFL Environmental Inc.’s environmental services business, according to people with knowledge of the matter.
The firms have discussed financing options with potential lenders ahead of a bid deadline this month, said the people, who requested anonymity to discuss confidential information. No final decision has been made and the firms could opt against pursuing a deal and other bidders could emerge, the people said.