Cleanaway Waste Management Limited (ASX:CWY) is believed to be zeroing in on a potential acquisition of Repurpose It Pty Ltd. from Downer EDI Limited (ASX:DOW). Downer confirmed that the 45% of the business it owns is for sale while reporting its results on 27 February 2023. Mark Chellew, former Adelaide Brighton boss, is chair of both Downer and Cleanaway, but it is understood he has removed himself from any dealings to avoid a conflict of interest.
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