Ancala and Fiera completed the acquisition of Augean for $468m.

Ancala and Fiera Infrastructure, investment firms, completed the acquisition of Augean, a waste treatment and disposal company, for $468m. “The Augean Board believes that Ancala and Fiera Instructure are well-respected as long-term investors in the infrastructure sector and will be able to support Augean’s strategy of providing the highest level of customer service and safe operations in niche and highly regulated hazardous waste markets. We recognise the increase in the price offered to Augean Shareholders under the Offer when compared with the MSIP Offer and have accordingly recommended the Offer to Augean Shareholders," Jim Meredith, Augean Executive Chairman. On August 25, Ancala and Fiera launched a $468m bid, which tops a Morgan Stanley’s July $439m offer.