Platinum Equity to sell Urbaser to Blackstone (BX) and EQT (EQT) for around USD 6.6bln

Platinum Equity to sell Urbaser to Blackstone (BX) and EQT (EQT) for around USD 6.6bln.

Platinum Equity's sale of Urbaser to Blackstone and EQT for approximately $6.6 billion highlights significant consolidation in the waste management sector, potentially reshaping competitive dynamics. This deal may send ripples across the financial services and energy sectors, as both acquirers could leverage Urbaser's assets for growth. Additionally, the transaction offers insights into the current investment appetite for infrastructure-related assets, which remain attractive amidst ongoing economic shifts.