{"id":115959,"date":"2021-06-07T05:33:58","date_gmt":"2021-06-07T05:33:58","guid":{"rendered":"https:\/\/fin2me.com\/?p=115959"},"modified":"2021-06-07T05:33:58","modified_gmt":"2021-06-07T05:33:58","slug":"platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-billion-enterprise-value","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-billion-enterprise-value\/","title":{"rendered":"Platinum Equity to buy waste management firm Urbaser for $4.2 billion enterprise value"},"content":{"rendered":"<p>(Reuters) &#8211; Private equity firm Platinum Equity said on Monday it has agreed to buy waste management business Urbaser from Chinese environmental services group China Tianying Inc for an enterprise value of about $4.2 billion.<\/p>\n<p>The sale is expected to be completed during the third quarter of 2021, Platinum Equity said in a statement prn.to\/3ghftZx.<\/p>\n<p>Jos\u00e9 Mar\u00eda L\u00f3pez Pi\u00f1ol will continue to lead Urbaser as chief executive officer after the sale, according to the statement.<\/p>\n<p>In January, Spanish newspaper Expansion reported that China Tianying wanted to sell its Spanish waste management unit Urbaser for about 2.4 billion euros ($2.92 billion).<\/p>\n<p>China Tianying bought Urbaser as part of a consortium from Spanish infrastructure group ACS in 2016 for between 1.16 billion and 1.40 billion euros.<\/p>\n<p>($1 = 0.8220 euros)<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/china-tianying-divestiture\/platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-bln-enterprise-value-idUSL2N2NP087\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Private equity firm Platinum Equity said on Monday it has agreed to buy waste management business Urbaser from Chinese environmental services group China [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Platinum Equity to buy waste management firm Urbaser for $4.2 billion enterprise value - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-billion-enterprise-value\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Platinum Equity to buy waste management firm Urbaser for $4.2 billion enterprise value - Fin2me\" \/>\n<meta property=\"og:description\" content=\"(Reuters) &#8211; 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Private equity firm Platinum Equity said on Monday it has agreed to buy waste management business Urbaser from Chinese environmental services group China [...]","og_url":"https:\/\/fin2me.com\/markets\/platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-billion-enterprise-value\/","og_site_name":"Fin2me","article_published_time":"2021-06-07T05:33:58+00:00","og_image":[{"width":1024,"height":476,"url":"https:\/\/fin2me.com\/wp-content\/uploads\/2018\/07\/QwmmJcQFqNwVkMZDKDnn.jpg","type":"image\/jpeg"}],"author":"Mark","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mark","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/markets\/platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-billion-enterprise-value\/","url":"https:\/\/fin2me.com\/markets\/platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-billion-enterprise-value\/","name":"Platinum Equity to buy waste management firm Urbaser for $4.2 billion enterprise value - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2021-06-07T05:33:58+00:00","dateModified":"2021-06-07T05:33:58+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/markets\/platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-billion-enterprise-value\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/markets\/platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-billion-enterprise-value\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/markets\/platinum-equity-to-buy-waste-management-firm-urbaser-for-4-2-billion-enterprise-value\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Markets","item":"https:\/\/fin2me.com\/category\/markets\/"},{"@type":"ListItem","position":3,"name":"Platinum Equity to buy waste management firm Urbaser for $4.2 billion enterprise value"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/115959"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=115959"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/115959\/revisions"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=115959"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=115959"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=115959"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}