Clean Harbors to Acquire Safety-Kleen for $1.25B Cash
Harbors (NYSE: CLH) today announced it has signed a definitive agreement to acquire
Safety-Kleen. Under the terms of the agreement, Clean
Harbors will purchase Safety-Kleen in an all-cash transaction valued at
$1.25 billion. The acquisition is subject to approval by U.S. and
Canadian regulators, as well as other customary closing conditions. The
transaction is expected to be completed by year-end.
Based on the current operating and anticipated future performance of