GFL agreed to acquire all shares for $24.75 per share, with 80% paid in GFL subordinate voting shares and 20% in cash; closing is expected in 2H 2026.
Six-month results improve
Six-month net income rose to $78 million from $69 million, as revenue increased to $805 million from $734 million.
Q2 net income and revenue rise
Secure Waste Infrastructure posted Q2 net income of $43 million, up from $31 million a year earlier; revenue rose to $422 million from $355 million.
Operating profit increased to $72 million from $60 million, while interest, accretion and finance costs climbed to $21 million from $19 million.
Cash flow and investing outflows
Operating cash flow swung to an inflow of $194 million from an outflow of $43 million, while investing outflows narrowed to $37 million from $47 million.