Cleanaway Waste Management is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.
Cleanaway will move forward with the buyout of just the NSW assets of Suez Australia which it had negotiated as a fallback deal for $501 million.
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Cleanaway’s plan to acquire Suez Australia’s business is now off the table.
We recommend accumulating CWY on any weakness into the $2.30 – $2.40 price range.
