EQT shows interest in UK company's waste-management arm

Pennon Group Plc’s sale of its waste-management arm is attracting initial interest from suitors including Nordic buyout firm EQT AB, KKR & Co. and Macquarie Group Ltd.’s infrastructure arm, people familiar with the matter said.
Photo: EQT/PR
Photo: EQT/PR
By Dinesh Nair and Myriam Balezou / BLOOMBERG

The U.K. company’s Viridor Ltd. unit could fetch as much as $5 billion, according to the people, who asked not to be identified because the information is private. Pennon has also been gauging interest from potential bidders including U.K.-based Dalmore Capital, French water company Suez, Equitix and Veolia Environnement SA, the people said.

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