Australia's Cleanaway on pace for best week in more than a month on EQT bid progress
18/09/2026 02:22
BUZZ-Australia's Cleanaway on pace for best week in more than a month on EQT bid progress ** Shares of Cleanaway Waste Management CWY.AX rise as much as 0.6% to A$2.705 in early trade
** Stock on track to log 5.1% gain for the week, its strongest since August 10
** Waste management firm says bidder EQT Infrastructure is continuing to progress its confirmatory due diligence
** Adds both co and EQT are working towards negotiation and execution of implementation deed
** Cleanaway in August said that it would grant EQT AB-managed EQTAB.ST EQT Infrastructure exclusive due diligence after receiving an A$9.4 billion ($6.69 billion) takeover offer
** Stock up 4.3% YTD, including the day's moves
($1 = 1.4051 Australian dollars)
(Reporting by Nikita Maria Jino in Bengaluru)