|Waste Management Inc. buys 40% of Shanghai Environment Group from Shanghai Chengtou Holding Co., Ltd.|
|Target Company Name||Shanghai Environment Group|
|Buyer Name / MBO Team / MBI Team||Waste Management Inc.|
|Buyer Country||United States|
Waste Management Inc. (Houston, TX, USA / NYSE: WMI), the world's largest waste management firm with over US$10 billion turnover buys for US$ 140 million 40% of Shanghai Environment Group (Shanghai, China), a leading provider of environmental services in China including energy-from-waste from Shanghai Chengtou Holding Co., Ltd. (Shanghai, China / Stock Code: 600649).
Vaccani, Zweig & Associates supported Waste Management Inc. in the strategic analysis of the Chinese market.
|ICFG Office||Zurich: A. Vaccani & Partners, Switzerland|
|ICFG Advisory||ICFG Zurich supported the buyer.|