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CVA - Covanta: Pending EQT Acquisition Is A Good Deal All-Around
July, 27 2021 05:02 AM
Covanta Holding Corporation
Covanta will be acquired by EQT Infrastructure for $20.25/share - a c. 37% premium to the pre-announcement price. Considering the fair valuation premium and the lack of competing bids, a deal close looks to be the most likely outcome. Shares currently trade at a c. 1% discount to the offer price, fairly reflecting the high probability of deal completion. For further details see:
Covanta: Pending EQT Acquisition Is A Good Deal All-Around
Stock Information
Company Name:
Covanta Holding Corporation
Stock Symbol:
CVA
Market:
NYSE
Website:
covanta.com
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