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Clean Harbors Inc Completes Acquisition of Safety-Kleen Inc


Friday, 28 Dec 2012 04:05pm EST 

Clean Harbors Inc announced the completion of its acquisition of Safety-Kleen Inc., a provider of parts cleaning and environmental services and the re-refiner and recycler of used oil in North America. Clean Harbors purchased Safety-Kleen in an all-cash transaction valued at approximately $1.25 billion, financed through the combination of $289 million of existing cash, $370 million in net proceeds from its recently completed follow-on offering of common stock and $591 million in net proceeds from its recently completed Senior Notes offering. 

Company Quote

57.91
0.76 +1.33%
3:38pm EDT