CleanPeak will fund the acquisition from its CPERI trust, which is backed by Igneo Investment Partners, and funding from the Commonwealth Bank of Australia, Graham told Street Talk on Tuesday.CleanPeak will take the keys from administrator Wexted, which was instructed to run the auction on behalf of hedge fund PAG.
The process led to 10 indicative bids, while four bidders were chosen for advanced due diligence. Site trips were held in October, and final offers were due on October 28. co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.
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