Enviri (NVRI) Soars as It Sells Clean Earth to Veolia for $3.04 Billion and Unveils “New Enviri” Spin‑Off
Enviri Corporation (NYSE: NVRI) has kicked off one of the most consequential restructurings in its 170‑year history, agreeing to sell its Clean Earth hazardous‑waste business to France’s Veolia Environnement for $3.04 billion in cash and unveiling plans to spin off its remaining Harsco Environmental and Rail units into a new standalone public company dubbed “New Enviri.” Enviri+1 The deal, announced early Friday, sent NVRI stock jumping more than 30% in premarket trading, as investors digested a package that combines a sizable cash payout with shares in a less‑levered, refocused environmental and rail company. TradingView+1 Key takeaways for Enviri (NVRI) shareholders