Stericycle, a medical waste management service, announced its acquisition of the US-based Healthcare Waste Solutions subject to adjustments to the proposal. The medical waste service provider will purchase the Delaware-based medical waste firm for $245 million in cash. As a portfolio company of Altaris Capital Partners, Healthcare Waste offers a waste stream service for healthcare providers in the US. Contingent to the deal, Stericycle’s SAMW Acquisition Corp unit and Healthcare Waste Solutions will become one company in a merger at the close of the acquisition, said Stericycle in a statement. On Wednesday day, Stericycle’s shares closed at 80 cents at $69.75 on ... Full Story

