Republic Services is said in talks to purchase US Ecology

Feb. 08, 2022 9:36 PM ETRepublic Services, Inc. (RSG)WM, GFL, WCNBy: Joshua Fineman, SA News Editor4 Comments

Detail of a sanitation worker in protective suit holding a sprayer

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  • Republic Services Inc.(NYSE:RSG) is said in advanced discussions to buy rival US Ecology Inc. (NASDAQ:ECOL).
  • A deal could be announced as soon as this week, according to a Bloomberg report. The report didn't include the price for a potential transaction. US Ecology has a market cap of about $850M and RSG's market cap is $40B.
  • US Ecology provides environmental services to commercial and government entities. US Ecology shares gained 5% in regular trading. The company competes with larger rivals waste management companies including Republic (RSG), Waste Management (NYSE:WM), Waste Connections (NYSE:WCN) and GFL Environment (NYSE:GFL).
  • Also see SA contributor Unlocking Alpha's piece entitled "US Ecology: An Interesting Pick In The Waste Management Industry."
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