Cash For Trash In Listed Waste Management
Listed waste management options that are not rubbish
By Tim Boreham, Editor, The New Criterion
Not for the first time, the listed waste management sector is in the throes of ownership upheaval as investors await the fallout from this month’s proposed $20bn merger of the French-based giants Veolia Group and Suez Group.
The outcome has direct implications for the largest ASX listed waste manager,
Cleanaway Waste Management ((CWY)).
In the meantime skip operator
Bingo Industries ((BIN)) is subject to a tentative $2.5bn buyout offer from private equity group CPE Capital.
Whatever the outcome of these corporate plays, investors need to take a broader stance on gaining exposure to a sector that’s more about recycling and energy co-generation than chucking stuff on to tips (sorry, waste transfer stations).