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HPX Corp. (HPX) to Combine with Ambipar Response in $581M Deal

HPX Corp. (HPX) to Combine with Ambipar Response in $581M Deal

HPX (NYSE:HPX) has entered into a definitive agreement to combine with environmental and industrial solutions provider Ambipar Response at an enterprise value of $581 million, or 7.1x its 2022 EBITDA. The company is a subsidiary of the Sao Paulo-listed Ambipar Group (SA:AMBP3) that provides environmental clean-up and rescue services for industrial clients in the Americas
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