Australia's Cleanaway rises after EQT re-confirms buyout deal
09/10/2026 02:03
BUZZ-Australia's Cleanaway rises after EQT re-confirms buyout deal ** Shares of Australia's Cleanaway Waste Management CWY.AX up 8.5% so far this week, set for their best week since mid-August
** The waste management firm said on Monday Swedish investment firm EQT AB gave written re-confirmation for the buyout deal
** CWY said nothing has arisen in due diligence review that is likely to affect the potential deal
** In August, CWY said it would grant EQT Infrastructure, a unit of EQT AB EQTAB.ST, exclusive due diligence after receiving an A$9.4 billion ($6.54 billion) offer
** Shares up 1.6% on Friday, highest since October 20, 2025
** Stock up over 8% this year, including the day's move
($1 = 1.4366 Australian dollars)
(Reporting by Rajasik Mukherjee in Bengaluru)