Published by Global Banking & Finance Review®
Posted on February 12, 2026
1 min readLast updated: February 12, 2026
Add as preferred source on GooglePlatinum Equity sells Urbaser to Blackstone and EQT for $6.6 billion, retaining its Argentine operations.
Feb 12 (Reuters) - Private equity firm Platinum has agreed to sell Spanish waste management company Urbaser to Blackstone and EQT for $6.6 billion, the company said in a statement on Thursday.
Platinum Equity said it will retain ownership of Urbaser's waste management business in Argentina.
(Reporting by Ananya Palyekar in Bengaluru; Editing by Janane Venkatraman)
Private equity refers to investment funds that buy and restructure companies that are not publicly traded. These funds are typically managed by private equity firms and aim to improve the financial performance of the acquired companies.
An investment transaction involves the purchase or sale of financial assets, such as stocks, bonds, or real estate, with the expectation of generating a return on investment over time.
Sustainability in finance refers to investment strategies that consider environmental, social, and governance (ESG) factors. It aims to generate long-term financial returns while promoting positive societal impact.
A financial statement is a formal record of the financial activities and position of a business, person, or entity. It includes balance sheets, income statements, and cash flow statements.
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