Chinese enter running to buy waste giant

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The sale process for New Zealand’s biggest waste disposal company – Transpacific Waste Management – has taken a new turn with the emergence of private equity company Beijing Capital of China as a possible trade buyer, market sources said.

Private equity companies Carlisle Group and KKR, along with New Zealand specialist infrastructure group Infratil, are also understood to be potential trade buyers for Transpacific Waste Management, which is owned by Australia’s Transpacific Industries (TPI).

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