EQT to Buy Australia-based Cleanaway Waste Management Under AU$9.3 Billion Deal

11:15 PM EDT, 10/18/2026 (MT Newswires) -- EQT's (EQT.ST) EQT Infrastructure VI agreed to buy Cleanaway Waste Management Ltd, an Australian integrated waste management and resource recovery platform, at an enterprise value of AU$9.3 billion. The Swedish private equity group said Monday that its fund agreed to pay AU$3.095 in cash for every Cleanaway share, less any dividends or other distributions, in a scheme of arrangement. Directors of Cleanaway unanimously recommended the acceptance of the deal in the absence of a superior proposal. The scheme is expected to be implemented by the end of March 2027, subject to the approval of shareholders and the Federal Court of Australia, among other closing conditions.