Waste Management Grows Eastern U.S. Operations by Acquiring Advanced Disposal
Data supplied by Pitchbook reveals that $14.8 billion in capital was deployed across 31 M&A transactions last week, four deals more and $28.8 billion less capital than the elevated levels of the week prior. The largest deal of the week was Waste Management’s $4.9 billion acquisition of Advanced Disposal, which will help expand the nation’s largest waste collector’s East Coast operations. Also, Canopy Growth announced a deal to acquire Acreage Holdings once cannabis is federally legalized in the U.S.
Pinterest and Zoom Video Communications Go Public
According to the New York Stock Exchange, seven companies joined U.S. public markets last week, raising a total of $3.0 billion. Two of the firms – Zoom Video Communications and Pinterest – were a part of the highly anticipated group of companies expected to go public this year.
Retail Sales Surge in March while Housing Starts and Manufacturing Face Soft Results
Among economic news last week: