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Seven Group says talk of Cleanaway buyout ‘completely untrue’

Simon Evans
Simon EvansSenior reporter
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Seven Group says speculation that it is considering a potential buyout of Australia’s largest waste management group, Cleanaway, is “completely untrue”.

Cleanaway shares climbed 15.8 per cent to $3.01 on Tuesday, its highest close in almost two years after Bloomberg reported Seven had been seeking financing for a takeover.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
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    Original URL: https://www.afr.com/companies/infrastructure/seven-group-says-talk-of-cleanaway-buyout-completely-untrue-20240423-p5fm2l