Clean Harbors to buy Safety-Kleen for $1.25 bln

Mon Oct 29, 2012 7:08am EDT

Oct 29 (Reuters) - Waste management company Clean Harbors Inc said it will buy privately held Safety-Kleen Inc, a re-refiner and recycler of used oil in North America, for $1.25 billion in an all-cash deal.

Clean Harbors expects the acquisition to immediately add to earnings, excluding one-time fees and related costs.

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