Enviri Sells Clean Earth to Veolia and Spins Off New Enviri Shares
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Enviri Corporation plans to sell its Clean Earth business to Veolia by mid-2026 and spin off its Harsco Environmental and Rail businesses. Shareholders will receive 0.33 shares of New Enviri for each Enviri share. Approximately 28 million New Enviri shares will be outstanding. The move aims to strengthen capital structure and enhance business opportunities without incurring material cash tax expenses.
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