Cleanaway – Buy

Posted on | by Leon Hinde

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. 

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.

Cleanaway – Buy

Posted on | by Leon Hinde

Cleanaway Waste Management is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Cleanaway has approached global giant Suez about potentially buying its Australian assets in a $2 billion-plus deal. If a transaction proceeds, the ACCC will conduct a public review to assess the impact on competition. 

We see price support near $2.20

Cleanaway – Buy

Posted on | by Leon Hinde

Cleanaway Waste Management is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Cleanaway has approached global giant Suez about potentially buying its Australian assets in a $2 billion-plus deal. If a transaction proceeds, the ACCC will conduct a public review to assess the impact on competition. 

We see price support near $2.20