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Market Chatter: Stericycle Explores Sale Amid Buyer Interest
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Market Chatter: Stericycle Explores Sale Amid Buyer Interest
May 24, 2024 2:11 PM

04:46 PM EDT, 05/24/2024 (MT Newswires) -- Stericycle ( SRCL ) is exploring a sale after receiving interest from potential buyers, Bloomberg reported, citing people familiar with the matter.

The medical waste disposal company is working with financial advisors to evaluate options, including attracting other medical waste management firms or infrastructure funds, the report said. No final decision has been made, and Stericycle ( SRCL ) may decide against a sale, Bloomberg said.

A representative for Stericycle ( SRCL ) didn't immediately provide comment, Bloomberg said.

Stericycle ( SRCL ) didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 51.60, Change: -0.05, Percent Change: -0.10

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