Secure Energy rises on Waste Connections deal

Waste Connections

11/12/2023 16:38

** Shares of Canadian environmental and energy
infrastructure company Secure Energy Services  SES.TO  climb
7.69% to C$8.48
    ** Co says Waste Connections  WCN.TO  to acquire portfolio
of 30 energy waste treatment and disposal facilities for C$1.075
billion ($793.01 million)
    ** Sale as part of divestitures required as part of SES's
2021 merger with Tervita Corporation
    ** Subject to regulatory approval, deal is expected to close
during Q1 2024
    ** WCN shares up 1.82% at C$191.37
    ** Including session's gain, SES has risen 20.55% and WCN
stock has risen 6.36%, YTD
    

($1 = 1.3556 Canadian dollars)

 (Reporting by Kabir Dweit)
 ((Kabir.Dweit@thomsonreuters.com))