Clean Harbors to Acquire Safety-Kleen for $1.25B Cash

Clean Harbors

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