ENVIRI Corp (NVRI): M&A transaction — Enviri completes sale of Clean Earth to Veolia for $3.04B; spins off remaining businesses as New Enviri

ENVIRI Corp

Former Enviri stockholders received $15.00 per share in cash for Clean Earth plus 1 share of New Enviri for every 3 shares held.
Aggregate consideration paid by Veolia for Clean Earth was $3.04 billion, subject to adjustments.
Enviri repaid its $475M 5.75% Senior Notes due 2027 and terminated its AR Facility upon closing.
Enviri Common Stock (NVRI) delisted from NYSE; New Enviri to trade under 'NVRI' starting June 2, 2026.
Transactions included a merger of Enviri into Enviri LLC, a distribution, and a merger of CLEH into Veolia subsidiary.

item 1.02 item 2.01 item 3.01 item 3.03 item 5.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

ENVIRI Corp completed a disposition (closed 2026-06-01).

Action: disposition
Closing: 2026-06-01

Exact text from the filing

On June 1, 2026, pursuant to the terms of the Separation Agreement and the Merger Agreement, the following series of transactions occurred

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

ENVIRI Corp terminated Receivables Purchase Agreement with PNC Bank, National Association valued at Repaid all amounts and terminated the AR Facility (effective 2026-06-01).

Action: termination
Agreement: credit facility
Counterparty: PNC Bank, National Association
Value: Repaid all amounts and terminated the AR Facility
Effective: 2026-06-01

Exact text from the filing

On June 1, 2026, in connection with the Transactions, Enviri repaid all amounts owing under that certain Receivables Purchase Agreement, dated as of June 24, 2022 (as amended, restated, supplemented or otherwise modified from time to time, the “AR Facility”), among Harsco Receivables LLC, Enviri, the purchasers party thereto, and PNC Bank, National Association, as agent, and terminated all other documents entered into in connection therewith.

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

ENVIRI Corp terminated Indenture and 5.75% Senior Notes due 2027 with U.S. Bank Trust Company, National Association valued at Notes redeemed and Indenture satisfied and discharged (effective 2026-06-01).

Action: termination
Agreement: notes offering
Counterparty: U.S. Bank Trust Company, National Association
Value: Notes redeemed and Indenture satisfied and discharged
Effective: 2026-06-01

Exact text from the filing

On June 1, 2026, the Notes were redeemed at a redemption price of 100.000% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but excluding, June 1, 2026. In connection therewith, the Indenture has been satisfied and discharged in accordance with its terms.

View on SEC.gov

15 m&a transactions filed in the last 30 days. Browse all m&a transactions →

ENVIRI Corp filing history →

Source: SEC EDGAR

accession 0001193125-26-251741

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.