Waste Management said it and Stericycle each received a supplementary information request (SIR) from the Competition Bureau of Canada on September 23, 2024 in connection with the bureau's review of the proposed merger.

1. 01

   Waste Management said it and Stericycle each received a supplementary information request (SIR) from the Competition Bureau of Canada on September 23, 2024 in connection with the bureau's review of the proposed merger.

2. 02

   Waste Management said the SIR extends the waiting period under the Canadian Competition Act for completing the merger until 30 days after the companies respond to the SIR's information requests, unless the Competition Bureau terminates that waiting period in less than 30 days.

3. 03

   The company said several closing conditions have been satisfied, including the expiration of the Hart-Scott-Rodino waiting period, antitrust clearances from the competition authorities of Portugal and Spain, foreign investment approval from the UK Investment Security Unit, and Stericycle stockholder approval on August 14, 2024.

4. 04

   The company said the merger remains subject to clearance under the Canadian Competition Act and the foreign investment laws of Spain, and that it continues to expect to complete the merger as early as Q4 2024.

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