Investing.com-- Waste Management Inc (NYSE:WM) is close to a deal to buy medical waste disposal firm Stericycle Inc (NASDAQ:SRCL) for about $7 billion including debt, The Wall Street Journal reported on Sunday. The report comes just shortly after reports last week said that Stericycle was seeking a potential sale. Waste Management is one of the largest U.S. garbage collection and recycling companies, with the acquisition of Stericycle giving it exposure to the medical waste industry. Stericycle helps clinics, surgery centers and hospitals dispose of biohazardous and pharmaceutical waste. Related ArticlesWaste Management near $7 bln deal to buy Stericycle- WSJTrend Micro taps Nvidia software tools for AI cybersecurity offeringEmirates boss says Boeing needs strong CEO to end crisis

Source: Wall Street Journal June 03, 2024 01:55 UTC