Singapore markets closed
  • Straits Times Index

    3,258.99
    -12.58 (-0.38%)
     
  • S&P 500

    4,349.93
    -6.52 (-0.15%)
     
  • Dow

    34,168.09
    -129.61 (-0.38%)
     
  • Nasdaq

    13,542.12
    +2.82 (+0.02%)
     
  • BTC-USD

    36,405.27
    -1,309.98 (-3.47%)
     
  • CMC Crypto 200

    831.69
    -24.12 (-2.82%)
     
  • FTSE 100

    7,479.47
    +9.69 (+0.13%)
     
  • Gold

    1,814.00
    -15.70 (-0.86%)
     
  • Crude Oil

    86.94
    -0.41 (-0.47%)
     
  • 10-Yr Bond

    1.8480
    0.0000 (0.00%)
     
  • Nikkei

    26,170.30
    -841.03 (-3.11%)
     
  • Hang Seng

    23,807.00
    -482.90 (-1.99%)
     
  • FTSE Bursa Malaysia

    1,515.99
    +0.23 (+0.02%)
     
  • Jakarta Composite Index

    6,611.16
    +10.34 (+0.16%)
     
  • PSE Index

    7,273.52
    +19.91 (+0.27%)
     

GFL Environmental Inc. Responds to Filing by Competition Bureau

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • GFL
  • GFLU

VAUGHAN, ON, Dec. 1, 2021 /CNW/ - GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL" or the "Company") is aware that the Commissioner of Competition has filed an application (the "Application") challenging certain aspects of the Company's acquisition of Terrapure Environmental Ltd. (the "Acquisition").

GFL Environmental Inc. logo (CNW Group/GFL Environmental Inc.)
GFL Environmental Inc. logo (CNW Group/GFL Environmental Inc.)

In response to the Application, GFL notes the following:

  • The Acquisition closed on August 17, 2021, following the expiration of the statutory waiting period under the Competition Act (Canada).

  • The Application relates to seven specific locations in Western Canada.

  • The locations referenced in the Application generate annual revenue of approximately $30 million.

GFL intends to work cooperatively with the Competition Bureau to resolve this matter.

About GFL

GFL, headquartered in Vaughan, Ontario, is the fourth largest diversified environmental services company in North America, providing a comprehensive line of non-hazardous solid waste management, infrastructure & soil remediation and liquid waste management services through its platform of facilities throughout Canada and in more than half of the states in the United States. Across its organization, GFL has a workforce of more than 17,000 employees.

For more information:
Patrick Dovigi
+1 905-326-0101
pdovigi@gflenv.com

Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/gfl-environmental-inc-responds-to-filing-by-competition-bureau-301435342.html

SOURCE GFL Environmental Inc.

Cision
Cision

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2021/01/c8319.html

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting