Benzinga | Dec 1, 2021 11:28AM EST

GFL Environmental Issues Response To Filing By Competition Bureau

GFL Environmental Inc. (NYSE:GFL) (TSX:GFL) ("GFL" or the "Company") is aware that the Commissioner of Competition has filed an application (the "Application") challenging certain aspects of the Company's acquisition of Terrapure Environmental Ltd. (the "Acquisition").



In response to the Application, GFL notes the following:

* The Acquisition closed on August 17, 2021, following the expiration of the statutory waiting period under the Competition Act (Canada).

* The Application relates to seven specific locations in Western Canada.

* The locations referenced in the Application generate annual revenue of approximately $30 million.

GFL intends to work cooperatively with the Competition Bureau to resolve this matter.