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Friday, February 7, 2020

Stericycle offloads environmental unit to Harsco

Stericycle (NASDAQ:SRCL) has agreed to sell its Domestic Environmental Solutions business, excluding the healthcare customer and unused consumer pharmaceutical take-back services, to Harsco (NYSE:HSC) for $462.5M in cash.
The transaction includes the division’s Manufacturing and Industrial Services and the retail portion of Hazardous Waste Services, which together employ approximately 2,000 team members across 61 facilities.
SRCL +0.9% premarket
https://seekingalpha.com/news/3539629-stericycle-offloads-environmental-unit-to-harsco

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