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Waste Management ( (WM) ) has issued an update.
WM has completed its acquisition of Stericycle, marking a strategic expansion into the healthcare market with a $7.2 billion deal. This acquisition is set to enhance WM’s growth strategy, sustainability initiatives and financial goals by integrating Stericycle’s regulated medical waste and secure information destruction services. WM aims to leverage synergies in logistics and technology to boost operating EBITDA and cash flows, positioning itself as a leader in the medical waste industry.
Learn more about WM stock on TipRanks’ Stock Analysis page.
