Enviri (NVRI) Soars as It Sells Clean Earth to Veolia for $3.04 Billion and Unveils “New Enviri” Spin‑Off
Enviri Corporation 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
