Australia's Bingo Industries gets US$1.8bil offer from CPE Capital-led consortium


Bingo shareholders will get A$3.50 per share, representing a nearly 28% premium to the stock's last close, the company said in a statement.

SYDNEY: Australian waste management company Bingo Industries on Tuesday said it received a cash buyout offer from a consortium led by private equity firm CPE Capital, valuing the firm at A$2.29 billion ($1.76 billion).

Bingo shareholders will get A$3.50 per share, representing a nearly 28% premium to the stock's last close, the company said in a statement.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Bingo Industries , buyout , offer , TPE Capital ,

   

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