Blackstone and EQT Complete $6.6 Billion Acquisition of Urbaser

Key Facts

1Blackstone and EQT have completed a $6.6 billion buyout of waste management firm Urbaser.

2Mirendil is reportedly in talks for a funding round at a $5 billion valuation.

In a move reflecting the continued flow of capital into the environmental services sector, Blackstone and EQT have completed the acquisition of waste management firm Urbaser for a total of $6.6 billion. This transaction represents a significant execution milestone for Blackstone's private equity portfolio, highlighting a strategy of expanding into sustainable operational assets. Parallel to this closing, reports indicate that Mirendil is in talks for a new funding round that could value the company at $5 billion.

This acquisition comes as global financial markets navigate mixed signals, with Blackstone (BX) shares closing at $124.01 on September 22, 2026, per market data. During that session, the stock reached a high of $127.75 against a low of $123.27. These movements underscore investor confidence in the ability of major private equity firms to finalize multi-billion dollar deals despite broader market volatility.

Looking ahead, traders are watching support levels for BX near $123.27, the low recorded at the September 22, 2026 close. With no immediate catalysts in the upcoming economic calendar specifically targeting the private equity sector, focus remains on Mirendil's potential funding round as a further indicator of risk appetite in the private investment market.