Long client history pays off
.jpg)
Clayton Utz is advising an ASX-listed waste-management company as it gets acquired by another listed firm.
Tox Free Solutions has entered into a scheme of implementation deed with ASX-listed Cleanaway Waste Management. The offer is for $3.425 cash for each Tox Free share. The deal values Tox Free’s fully diluted equity at about $671m at an enterprise value of $831m.
The Clayton Utz team was led by corporate partner Mark Paganin and senior associate Stephen Neale. They are supported by lawyer Benjamin Depiazzi.
Clayton Utz has long been advising Tox Free. In 2016, the firm acted for the waste-management company on its successful acquisition of Daniels Health and Daniels Manufacturing.
The deal involved a total consideration of $186m. Clayton Utz also advised Tox Free on an $85m entitlement offer to partially fund the deal.
Related stories:
Firm acts on $186m acquisition, $85m entitlement offer
Top firm aids largest company to list this year on the ASX
Tox Free Solutions has entered into a scheme of implementation deed with ASX-listed Cleanaway Waste Management. The offer is for $3.425 cash for each Tox Free share. The deal values Tox Free’s fully diluted equity at about $671m at an enterprise value of $831m.
The Clayton Utz team was led by corporate partner Mark Paganin and senior associate Stephen Neale. They are supported by lawyer Benjamin Depiazzi.
Clayton Utz has long been advising Tox Free. In 2016, the firm acted for the waste-management company on its successful acquisition of Daniels Health and Daniels Manufacturing.
The deal involved a total consideration of $186m. Clayton Utz also advised Tox Free on an $85m entitlement offer to partially fund the deal.
Related stories:
Firm acts on $186m acquisition, $85m entitlement offer
Top firm aids largest company to list this year on the ASX
