Waste Collector Advance Disposal Seeks to Raise $404M in IPO

9/26/16

Waste collection company Advance Disposal Services Inc said on Monday it expects to raise as much as $404.3 million in its initial public offering, valuing the company at about $1.76 billion.

The fifth-largest solid waste company in the United States had postponed a plan to go public in February due to stock market volatility.

The company expects the 19.25 million-share offering to be priced at between $18 and $21 per share, Advance Disposal Services said in a filing on Monday.

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