GFL Environmental To Sell Stake In Environmental Services Business: Debt Reduction & Stock Buyback On The Cards
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 07 2025
0mins
Should l Buy APO?
Source: Benzinga
GFL Environmental Inc. Sale Agreement: GFL Environmental announced a deal to sell its Environmental Services business to Apollo Global Management and BC Partners for an enterprise value of C$8.0 billion, while retaining a 44% equity interest and expecting net cash proceeds of approximately C$6.2 billion.
Financial Strategy Post-Transaction: GFL plans to use up to C$3.75 billion of the proceeds to repay debt and C$2.25 billion for share repurchases, aiming to improve its balance sheet and accelerate its path to an investment-grade credit rating.
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Analyst Views on APO
Wall Street analysts forecast APO stock price to rise
11 Analyst Rating
10 Buy
1 Hold
0 Sell
Strong Buy
Current: 127.330
Low
136.00
Averages
164.45
High
182.00
Current: 127.330
Low
136.00
Averages
164.45
High
182.00
About APO
Apollo Global Management, Inc. is a global alternative asset manager and a retirement services provider. It operates through three segments: Asset Management, Retirement Services and Principal Investing. The Asset Management segment focuses on three investing strategies: yield, hybrid, and equity. These strategies reflect the range of investment capabilities across its platform based on relative risk and return. The Retirement Services business is conducted by Athene Holding Ltd (Athene), a financial services company that specializes in issuing, reinsuring, and acquiring retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. Athene product lines include annuities and funding agreements. The Principal Investing segment includes realized performance fee income, realized investment income from its balance sheet investments, and certain allocable expenses related to corporate functions supporting the entire company.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Reminder of Apollo Global Management Securities Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Apollo Global Management (NYSE: APO) securities between May 10, 2021, and February 21, 2026, that they must apply to be lead plaintiff by May 1, 2026, or risk losing the opportunity to represent other investors in the class action lawsuit.
- Fee Arrangement: Investors participating in the class action will incur no out-of-pocket expenses, as the law firm operates on a contingency fee basis, allowing investors to seek compensation without financial burden, thus lowering the barrier to participation in the lawsuit.
- Lawsuit Background: The lawsuit alleges that Apollo Global's leadership had inappropriate communications with Jeffrey Epstein, resulting in reputational harm to the company, and investors suffered damages when the true details emerged, indicating serious issues with the company's disclosure practices.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has a track record of success, recovering over $438 million for investors in 2019 alone, demonstrating its extensive experience and capability in handling such cases, which investors should consider when selecting legal counsel.
See More
Apollo Global Management Faces Class Action Lawsuit
- Class Action Lawsuit: Hagens Berman has filed a securities class action against Apollo Global Management (NYSE:APO) on behalf of investors who purchased securities between May 10, 2021, and February 21, 2026, alleging that the company's executives made materially false statements regarding their relationship with Jeffrey Epstein, potentially leading to significant investor losses.
- False Statement Allegations: The lawsuit claims that Apollo's leadership misled the public by asserting that the firm had 'never done any business' with Epstein, but recent investigative reports suggest a deeper professional entanglement involving current CEO Marc Rowan, which could further damage the company's reputation.
- Critical Deadline: Investors have until May 1, 2026, to apply to be appointed as Lead Plaintiff in the lawsuit, and failure to act promptly may result in the loss of their rights to claim damages, exacerbating potential losses for investors.
- Whistleblower Program: Hagens Berman encourages individuals with non-public information to consider the SEC Whistleblower program, which offers rewards of up to 30% for original information provided, creating an additional incentive for investors to assist in the investigation and potentially secure compensation.
See More
Multiple Companies Face Class Action Lawsuits
- Lakeland Industries Lawsuit: Lakeland Industries is facing allegations for the period from December 2023 to December 2025, claiming they failed to disclose significant issues with their Pacific Helmets and Jolly businesses, including production delays and slow product rollouts, which misled investors about the company's financial health.
- Franklin BSP Realty Lawsuit: Franklin BSP Realty Trust is accused of overstating its ability to maintain a $0.355 dividend during the class period from November 2024 to February 2026, which has negatively impacted investor confidence in the company's future prospects.
- Apollo Global Lawsuit: Apollo Global Management is under scrutiny for undisclosed communications between executives and Jeffrey Epstein from May 2021 to February 2026, which has harmed the company's reputation and rendered its positive statements about business prospects misleading.
- Boston Scientific Lawsuit: Boston Scientific is facing allegations for the period from July 2025 to February 2026, claiming they did not disclose the unsustainable growth of their U.S. electrophysiology segment, misleading investors regarding the company's growth potential.
See More
Major Fund Managers Increase Investment in Private Credit
- Record Inflows: According to LSEG Lipper, 22 BDC funds attracted $868 million in the first quarter, marking the highest inflow ever, indicating strong investor confidence in private credit despite redemption pressures.
- PIMCO's Bond Purchase: Bond fund manager PIMCO made headlines last week by purchasing the entire $400 million bond issuance from private credit firm Blue Owl Capital, demonstrating that large investors are still actively seeking opportunities amid market uncertainty.
- Successful Direct Lending Fund: Golub Capital launched a direct lending fund that raised approximately $320 million from 14 institutional investors, showcasing robust demand for private credit despite concerns over risks in the software services sector.
- Continued ETF Inflows: VanEck's GPZ ETF has seen no outflows in the past three months and attracted $110.06 million in inflows, suggesting that investors perceive current market conditions as an opportunity to invest at discounted prices.
See More
Apollo Global Management Faces Class Action Lawsuit
- Class Action Initiated: Hagens Berman law firm has filed a class action lawsuit against Apollo Global Management (APO), alleging that its executives made false statements regarding their relationship with Jeffrey Epstein from 2021 to 2026, potentially leading to investor losses.
- Investor Loss Warning: The lawsuit targets investors who purchased Apollo securities between May 10, 2021, and February 21, 2026, urging them to contact the firm before the May 1, 2026 deadline to protect their rights.
- False Statements Exposed: The litigation claims that Apollo's leadership misled the public by asserting no business dealings with Epstein, but recent investigations suggest a more complex relationship involving current CEO Marc Rowan, which could impact the company's reputation and stock price.
- Whistleblower Program Incentives: Hagens Berman encourages individuals with non-public information to utilize the SEC Whistleblower program, where providing original information may yield rewards of up to 30% of any successful recovery, potentially attracting more witnesses to strengthen the case's evidence base.
See More
Multiple Companies Face Class Action Lawsuits
- Lakeland Industries Lawsuit: Lakeland Industries faces a class action lawsuit for failing to disclose significant issues with its Pacific Helmets and Jolly businesses during the period from December 2023 to December 2025, which has eroded investor confidence in the company's financial health and may negatively impact its stock performance.
- Navan, Inc. Lawsuit: Navan is accused in a class action lawsuit from October 2025 to February 2026 of failing to disclose a 39% increase in sales and marketing expenses at the time of its IPO, which could mislead investors regarding the company's growth prospects and affect its market performance.
- Franklin BSP Realty Trust Lawsuit: Franklin BSP Realty Trust is facing a class action lawsuit for allegedly overstating its ability to maintain a $0.355 dividend from November 2024 to February 2026, leading to diminished investor confidence in its financial stability and potentially harming its stock price.
- Apollo Global Management Lawsuit: Apollo Global Management is embroiled in a class action lawsuit from May 2021 to February 2026 for failing to disclose connections between its executives and Jeffrey Epstein, which could severely damage the company's reputation and adversely affect its market performance.
See More
Reminder of Apollo Global Management Securities Class Action
- Class Action Notice: Rosen Law Firm reminds investors who purchased Apollo Global Management (NYSE: APO) securities between May 10, 2021, and February 21, 2026, that they must apply to be lead plaintiff by May 1, 2026, or risk losing the opportunity to represent other investors in the class action lawsuit.
- Fee Arrangement: Investors participating in the class action will incur no out-of-pocket expenses, as the law firm operates on a contingency fee basis, allowing investors to seek compensation without financial burden, thus lowering the barrier to participation in the lawsuit.
- Lawsuit Background: The lawsuit alleges that Apollo Global's leadership had inappropriate communications with Jeffrey Epstein, resulting in reputational harm to the company, and investors suffered damages when the true details emerged, indicating serious issues with the company's disclosure practices.
- Law Firm's Strength: Rosen Law Firm specializes in securities class actions and has a track record of success, recovering over $438 million for investors in 2019 alone, demonstrating its extensive experience and capability in handling such cases, which investors should consider when selecting legal counsel.
See More
Apollo Global Management Faces Class Action Lawsuit
- Class Action Lawsuit: Hagens Berman has filed a securities class action against Apollo Global Management (NYSE:APO) on behalf of investors who purchased securities between May 10, 2021, and February 21, 2026, alleging that the company's executives made materially false statements regarding their relationship with Jeffrey Epstein, potentially leading to significant investor losses.
- False Statement Allegations: The lawsuit claims that Apollo's leadership misled the public by asserting that the firm had 'never done any business' with Epstein, but recent investigative reports suggest a deeper professional entanglement involving current CEO Marc Rowan, which could further damage the company's reputation.
- Critical Deadline: Investors have until May 1, 2026, to apply to be appointed as Lead Plaintiff in the lawsuit, and failure to act promptly may result in the loss of their rights to claim damages, exacerbating potential losses for investors.
- Whistleblower Program: Hagens Berman encourages individuals with non-public information to consider the SEC Whistleblower program, which offers rewards of up to 30% for original information provided, creating an additional incentive for investors to assist in the investigation and potentially secure compensation.
See More
Multiple Companies Face Class Action Lawsuits
- Lakeland Industries Lawsuit: Lakeland Industries is facing allegations for the period from December 2023 to December 2025, claiming they failed to disclose significant issues with their Pacific Helmets and Jolly businesses, including production delays and slow product rollouts, which misled investors about the company's financial health.
- Franklin BSP Realty Lawsuit: Franklin BSP Realty Trust is accused of overstating its ability to maintain a $0.355 dividend during the class period from November 2024 to February 2026, which has negatively impacted investor confidence in the company's future prospects.
- Apollo Global Lawsuit: Apollo Global Management is under scrutiny for undisclosed communications between executives and Jeffrey Epstein from May 2021 to February 2026, which has harmed the company's reputation and rendered its positive statements about business prospects misleading.
- Boston Scientific Lawsuit: Boston Scientific is facing allegations for the period from July 2025 to February 2026, claiming they did not disclose the unsustainable growth of their U.S. electrophysiology segment, misleading investors regarding the company's growth potential.
See More
Major Fund Managers Increase Investment in Private Credit
- Record Inflows: According to LSEG Lipper, 22 BDC funds attracted $868 million in the first quarter, marking the highest inflow ever, indicating strong investor confidence in private credit despite redemption pressures.
- PIMCO's Bond Purchase: Bond fund manager PIMCO made headlines last week by purchasing the entire $400 million bond issuance from private credit firm Blue Owl Capital, demonstrating that large investors are still actively seeking opportunities amid market uncertainty.
- Successful Direct Lending Fund: Golub Capital launched a direct lending fund that raised approximately $320 million from 14 institutional investors, showcasing robust demand for private credit despite concerns over risks in the software services sector.
- Continued ETF Inflows: VanEck's GPZ ETF has seen no outflows in the past three months and attracted $110.06 million in inflows, suggesting that investors perceive current market conditions as an opportunity to invest at discounted prices.
See More
Apollo Global Management Faces Class Action Lawsuit
- Class Action Initiated: Hagens Berman law firm has filed a class action lawsuit against Apollo Global Management (APO), alleging that its executives made false statements regarding their relationship with Jeffrey Epstein from 2021 to 2026, potentially leading to investor losses.
- Investor Loss Warning: The lawsuit targets investors who purchased Apollo securities between May 10, 2021, and February 21, 2026, urging them to contact the firm before the May 1, 2026 deadline to protect their rights.
- False Statements Exposed: The litigation claims that Apollo's leadership misled the public by asserting no business dealings with Epstein, but recent investigations suggest a more complex relationship involving current CEO Marc Rowan, which could impact the company's reputation and stock price.
- Whistleblower Program Incentives: Hagens Berman encourages individuals with non-public information to utilize the SEC Whistleblower program, where providing original information may yield rewards of up to 30% of any successful recovery, potentially attracting more witnesses to strengthen the case's evidence base.
See More
Multiple Companies Face Class Action Lawsuits
- Lakeland Industries Lawsuit: Lakeland Industries faces a class action lawsuit for failing to disclose significant issues with its Pacific Helmets and Jolly businesses during the period from December 2023 to December 2025, which has eroded investor confidence in the company's financial health and may negatively impact its stock performance.
- Navan, Inc. Lawsuit: Navan is accused in a class action lawsuit from October 2025 to February 2026 of failing to disclose a 39% increase in sales and marketing expenses at the time of its IPO, which could mislead investors regarding the company's growth prospects and affect its market performance.
- Franklin BSP Realty Trust Lawsuit: Franklin BSP Realty Trust is facing a class action lawsuit for allegedly overstating its ability to maintain a $0.355 dividend from November 2024 to February 2026, leading to diminished investor confidence in its financial stability and potentially harming its stock price.
- Apollo Global Management Lawsuit: Apollo Global Management is embroiled in a class action lawsuit from May 2021 to February 2026 for failing to disclose connections between its executives and Jeffrey Epstein, which could severely damage the company's reputation and adversely affect its market performance.
See More
