Sweden's EQT agrees to acquire Australia's Cleanaway Waste for US$6.5 billion, adding another case to the wave of privatizations in Australian stocks.

Zhito Finance APP has learned that Swedish private equity firm EQT AB has agreed to acquire Australian waste management company Cleanaway Waste Management Ltd. through one of its entities, in a transaction that values the company at approximately AUD 9.3 billion (USD 6.5 billion). After a period of poor share price performance, this Australian local company has become the latest local company to pass into private hands.