Enviri Gains Early Antitrust Clearance for Clean Earth Sale, Mid-2026 Closing
Enviri secured early antitrust clearance under the Hart-Scott-Rodino Act for its sale of Clean Earth to Veolia, keeping the transaction on track for a mid-2026 closing. The company will file a Form 10 registration for the New Enviri spin-off and a proxy statement later this month.
1. Antitrust Clearance Achieved
Enviri announced the early termination of the Hart-Scott-Rodino Act waiting period for its sale of Clean Earth to Veolia Environnement SA, satisfying a critical closing condition. This milestone confirms the transaction remains on schedule for a mid-2026 completion.
2. Spin-off Filings Planned
The company expects to file its Form 10 registration statement for the spin-off of Harsco Environmental and Harsco Rail (New Enviri) and its proxy statement related to the Clean Earth sale later this month, setting the stage for two simultaneous transactions.
3. Shareholder and Regulatory Conditions
Final closing of both the Clean Earth sale and New Enviri spin-off requires approval by Enviri shareholders and satisfaction of customary closing conditions, including remaining regulatory consents and completion of transaction documentation.