markets
EQT to Acquire Australia's Cleanaway Waste for A$9.3 Billion
EQT has agreed to acquire Australia's Cleanaway Waste Management for A$9.3 billion ($6.5 billion), marking a significant private equity deal.
EQT AB has reached an agreement to acquire Australia's Cleanaway Waste Management Ltd. through one of its units, according to a report by Bloomberg Markets. This market updates development values the Australian firm at approximately A$9.3 billion, equivalent to about $6.5 billion, and represents a notable transaction in the waste management sector.
The acquisition of Cleanaway Waste by EQT marks the latest instance of an Australian company transitioning into private ownership. This trend follows a period where the company's shares experienced underperformance in the public markets, as reported by Bloomberg Markets on October 18, 2026.
Read original source