澳大利亚废物管理龙头Cleanaway同意EQT约93亿澳元收购 每股3.095澳元现金 董事会全票推荐
墨尔本消息——澳大利亚最大的综合废物管理与资源回收公司Cleanaway Waste Management于10月19日宣布，已与瑞典私募股权集团EQT旗下基础设施基金签署具有约束力的计划实施契约，EQT将以协议安排（scheme of arrangement）方式收购Cleanaway全部已发行普通股，企业价值约93亿澳元（约合65亿美元，含债务）。
按交易条款，Cleanaway股东每股将获得3.095澳元现金，若交易完成前公司派发股息则相应扣减。该对价源于EQT每股3.13澳元的指示性报价，并已就Cleanaway于10月8日派发的末期股息作出调整；3.13澳元的报价较8月12日收盘价2.37澳元溢价32.1%——8月12日是EQT接洽被披露前的最后一个交易日。这一估值约为Cleanaway 2026财年基础息税前利润的20倍。
Cleanaway董事会一致建议股东投票支持该计划，前提是没有更优报价出现、且独立专家结论认为计划符合股东最佳利益。交易完成前，公司可派发合计最高每股0.19澳元的现金股息，包括一笔全额免税的特别股息（预计在0.145至0.190澳元之间），所派股息将从对价中扣除。消息公布后，Cleanaway股价周一跳涨近20%至2.960澳元，有望创下2011年10月以来最大单日涨幅。
计划仍需满足常规条件，包括澳大利亚外资审查委员会（FIRB）、竞争与消费者委员会（ACCC）及科威特、沙特阿拉伯相关机构的批准，以及股东与法院批准。股东投票预计在2027年2月底前举行，若条件齐备，交易目标于2027年3月底前完成。EQT今年8月已获Cleanaway授予独家尽职调查权。（GSM 据路透社与EQT公司公告报道）
Australia's Cleanaway Agrees to A$9.3 Billion EQT Takeover at A$3.095 a Share; Board Unanimously Recommends Deal
MELBOURNE — Cleanaway Waste Management, Australia's largest integrated waste management and resource recovery company, said on Monday it has entered into a binding scheme implementation deed with EQT Infrastructure VI, under which the Swedish private equity group's fund will acquire 100% of Cleanaway's issued shares by way of a scheme of arrangement, in a deal implying an enterprise valuation of about A$9.3 billion (about US$6.5 billion), including debt, Reuters reported.
Under the scheme, Cleanaway shareholders will receive A$3.095 in cash for each share, less the amount of any dividends paid before completion. The consideration reflects EQT's indicative offer of A$3.13 per share, adjusted for Cleanaway's final dividend paid on October 8. The A$3.13 offer represents a 32.1% premium to Cleanaway's closing price of A$2.37 on August 12, the last trading day before EQT's approach was first disclosed, and values the company at about 20 times fiscal 2026 underlying EBIT.
Cleanaway's board unanimously recommends that shareholders vote in favour of the scheme, in the absence of a superior proposal and subject to an independent expert concluding it is in shareholders' best interests. The company may pay aggregate cash dividends of up to A$0.19 per share before implementation, including a fully franked special dividend expected to be between A$0.145 and A$0.190, with any dividends deducted from the scheme consideration. Cleanaway shares jumped nearly 20% to A$2.960 in Monday trading, on track for their best day since October 2011.
The scheme remains subject to customary conditions, including approvals from Australia's Foreign Investment Review Board and competition regulator, authorities in Kuwait and Saudi Arabia, and shareholder and court approval. A shareholder vote is expected before the end of February 2027, with completion targeted by the end of March 2027. EQT was granted exclusive due diligence by Cleanaway in August. (GSM, via Reuters and EQT's announcement)
发布：GSM·美国（发布链接）
图片来源：图：Cleanaway垃圾清运车（资料图）。图片来源：Wikimedia Commons，CC BY 2.0。Photo: A Cleanaway refuse collection truck (file photo). Image: via Wikimedia Commons, CC BY 2.0.
GSM Global · 本篇英文版 English edition of this story
