other_material
confidence high
sentiment neutral
materiality 0.80
Enviri sets June 1 for Clean Earth sale ($15/share) and Harsco spin-off (1:3 ratio)
ENVIRI Corp
- Clean Earth sale to Veolia closes June 1, 2026; Enviri stockholders receive $15.00 per share in cash at closing.
- Spin-off of Harsco Environmental and Rail into New Enviri on June 1; ratio: 1 New Enviri share for every 3 Enviri shares.
- When-issued trading for New Enviri (NVRI WI) begins May 27; regular-way trading as NVRI starts June 2.
- Cash payout of $15.00 per share after debt repayment, transaction costs, and reserves for certain Rail ETO contracts.
item 8.01item 9.01