It’s very early days with no formal approaches, but infrastructure giants know their way around waste assets now, having run the numbers on Bingo Industries and Waste Management NZ in recent years.
But Cleanaway is the size of those two recent targets put together, and infrastructure investors will be double (and triple) checking to make sure any potential deal stacks up before they lob a bid.
Speaking of infrastructure, it looks like that is what will soon be left of AMP’s private markets business demerger whose original plan was to list by June 30.
Dexus is ironing out the final details to buy Collimate Capital’s property business and the deal was expected to land as soon as Friday this week.
Elsewhere, Street Talk’s spotted two IPOs in the works.