Enviri rises after sale of Clean Earth to Veolia for $3 billion

Veolia Environnement SA

21/11/2025 13:28

** Shares of environmental solutions provider Enviri NVRI.N surge about 36% to $18.5 premarket

     ** Sells hazardous waste company Clean Earth to French water management, waste management and energy services group Veolia for $3 billion

     ** Says Russell Hochman to become CEO of new Enviri

     ** Deal is expected to close mid-2026

     ** One of three brokerages rate the stock "buy" and two "hold"; their median PT is $12.5 - data compiled by LSEG

     ** As of last close, shares up 76.2% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))