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home / news releases / CVA - Covanta gains on report company is said to be explore a potential sale

CVA - Covanta gains on report company is said to be explore a potential sale

Covanta Holding Corporation
Zhanna Hapanovich/iStock via Getty Images Covanta (CVA) rose 6% in premarket trading on a report that the company is exploring a sale. BofA is advising the waste-to-energy company on the sale, according to an earlier Dealreporter story. The sales process is in the second round. A "handful" of PE firms and infrastructure funds are near the sales process, according to the report. In March, Dealreporter said that Covanta had reportedly hired an adviser for the potential sale of its Environmental Solutions unit. Covanta is scheduled to to present at the Stifel Virtual Cross Sector Insight Conference at 8:40am.

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Covanta gains on report company is said to be explore a potential sale
Stock Information
Company Name: Covanta Holding Corporation
Stock Symbol: CVA
Market: NYSE
Website: covanta.com
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