Enviri's Stock Surges on Clean Earth Sale

Enviris shares surged by 27% in afternoon trading, following the announcement of selling Clean Earth to Veolia for $3.04 billion and spinning off remaining businesses. Shareholders will receive $14.50-$16.50 per share in cash, with Harsco Environmental and Rail businesses remaining. The deal, approved by both boards, is expected to close mid-2026, pending approvals. Enviris shares closed at $17.36, a 28% increase, marking a rare significant positive development for the company.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.