Waste Management Nears $7 Billion Deal to Acquire Stericycle, Including Debt

Jun 2, 2024, 10:33 PM

Waste Management (ticker: $WM) is nearing a deal to acquire medical waste disposal company Stericycle (ticker: $SRCL) for approximately $7 billion, including debt, according to the Wall Street Journal. The announcement could come as soon as tomorrow morning, according to sources familiar with the matter. This acquisition would mark a significant expansion for Waste Management into the medical waste disposal sector.