GFL Environmental cancels IPO after investors seek price below range
GFL Environmental Inc. is cancelling its initial public offering, which was expected to raise upwards of US$2.4 billion, after investors proposed pricing below its desired range. The Vaughan, Ont.-based waste management company in October had launched its IPO priced at between US$20 and US$24 per share. “The existing shareholders determined that the proposed pricing offered […]
- November 7, 2019 November 11, 2020
- 09:11