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NVRII
NYSE Industrial Applications And Services

Enviri Completes $3.04B Clean Earth Sale to Veolia, Reduces Debt

Tom Rudovsky · Reported by Dow Jones Newswires
More coverage: Industrial
Sentiment info
Positive
Importance info
9
Price
0
Mkt Cap
0
52W Low
0
52W High
0
52W Position
Off High
Rel. Volume
Market data snapshot near publication time

Summary

Enviri Corp. has completed the sale of its Clean Earth business to Veolia for an aggregate consideration of $3.04 billion. The complex transaction involved a distribution where Enviri stockholders received shares of CLEH and New Enviri, followed by CLEH's merger into a Veolia subsidiary. Proceeds from the sale were primarily used to repay Enviri's indebtedness and terminate an AR facility, significantly strengthening the company's balance sheet. This strategic disposition allows Enviri to focus on its remaining Harsco Rail business.

This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Dow Jones Newswires.


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NVRII - Latest Insights

NVRII
Jun 01, 2026, 5:16 PM EDT
Source: Dow Jones Newswires
Importance Score:
9