Clean Harbors Closes $400 Mln Acquisition Of HEPACO

RTTNews | 521 dni temu
Clean Harbors Closes $400 Mln Acquisition Of HEPACO

(RTTNews) - Clean Harbors, Inc. (CLH) announced Monday the completion of its acquisition of HEPACO from Gryphon Investors for $400 million in cash. The acquisition was financed through proceeds from a recently completed $500 million expansion of the Company's Term Loan facility. Clean Harbors expects the acquisition to generate cost synergies of approximately $20 million after the first full year of operations, which equates to a post-synergy acquisition multiple of 7.1 times.

Based on the completion date of the transaction, Clean Harbors currently expects that HEPACO will add approximately $30 million of Adjusted EBITDA in 2024. Clean Harbors' management plans to update its 2024 guidance when it reports its first-quarter results on May 1.

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Clean Harbors Provides Q1, FY24 Adj. EBITDA Outlook

Clean Harbors Provides Q1, FY24 Adj. EBITDA Outlook

While reporting its financial results for the fourth quarter on Wednesday, Clean Harbors Inc. (CLH, CLHB) initiated its adjusted EBITDA and adjusted free cash flow guidance for the full-year 2024. The company also provided outlook for the first quarter.
RTTNews | 554 dni temu
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

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RTTNews | 20 minut temu
Japanese Market Notably Lower

Japanese Market Notably Lower

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RTTNews | 37 minut temu
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

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RTTNews | 50 minut temu
Australian Market Slightly Lower

Australian Market Slightly Lower

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RTTNews | 59 minut temu
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

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RTTNews | 1g 5 minut temu
Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.
RTTNews | 1g 20 minut temu
Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

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RTTNews | 1g 50 minut temu