Waste Connections Inc (FRA:UI51)
€ 167.05 -2.3 (-1.36%) Market Cap: 42.32 Bil Enterprise Value: 50.34 Bil PE Ratio: 46.99 PB Ratio: 5.34 GF Score: 91/100

Secure Energy Services Inc., Waste Connections, Inc. - M&A Call Transcript

Dec 11, 2023 / 08:00PM GMT
Release Date Price: €131.3 (+2.34%)
Operator

Welcome to SECURE's conference call. (Operator Instructions)

I would now like to turn the conference over to Allen Gransch, President of SECURE. Please go ahead, Mr. Gransch.

Allen Peter Gransch
Secure Energy Services Inc. - President

Thank you, operator. Good afternoon, ladies and gentlemen, and welcome to the conference call related to the sale of SECURE facilities identified in the Competition Tribunal's divesture order resulting from the acquisition of Tervita Corporation. We are pleased to announce that we have signed a definitive agreement with Waste Connections for the sale of these facilities for a total cash consideration of $1.15 billion.

With me today, we have Rene Amirault, Chief Executive Officer; and Chad Magus, Chief Financial Officer. We will provide some prepared remarks about the divestiture before opening the call to Q&A.

As a reminder, all statements made during this call are subject to reader advisories included in this morning's news release. All dollar amounts discussed today are in Canadian dollars,

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