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Stock impact report

Stericycle Announces Agreement to Sell Environmental Solutions Business to Harsco

Stericycle, Inc. (SRCL) 
Last stericycle, inc. earnings: 2/27 07:05 am Check Earnings Report
US:NASDAQ Investor Relations: investors.stericycle.com
Company Research Source: GlobeNewswire
BANNOCKBURN, Ill., Feb. 07, 2020 (GLOBE NEWSWIRE) -- Stericycle, Inc. (Nasdaq: SRCL) today announced that it has entered into a definitive agreement to sell its Domestic Environmental Solutions business, excluding the healthcare customer and unused consumer pharmaceutical take-back services, to Harsco Corporation (NYSE: HSC) for $462.5 million in cash, subject to customary adjustments set forth in the agreement. The transaction includes Stericycle’s Domestic Environmental Solutions business including Manufacturing and Industrial Services and the retail portion of Hazardous Waste Services, which together employ approximately 2,000 team members across 61 facilities.  Stericycle will continue to offer solutions for unused consumer pharmaceutical take-back services and provide hazardous waste services to healthcare customers.  Harsco will provide transportation and disposal services to healthcare customers under a long-term service agreement to be entered into at the closing of the t Show less Read more
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