TORONTO – GFL Environmental Inc. says it will remain an independent public company following a review of unsolicited proposals to acquire and take it private.
The company says its special committee of independent directors decided the offers received were not in the best interests of the company.
Dino Chiesa, chair of the special committee, says that while the range of offers were based on a premium to where GFL shares currently trade, they did not reflect the full value of its stand-alone strategy.
Chiesa says the board is unanimous in its conviction that GFL’s stand-alone growth plans offer far superior risk-adjusted returns for shareholders.
GFL provides solid waste management services across Canada and in 19 U.S. states.
Shares in the company closed at $64.81 on the Toronto Stock Exchange on Monday.
This report by The Canadian Press was first published Nov. 10, 2026.
Companies in this story: (TSX:GFL)
