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Safety-Kleen withdraws IPO following acquisition by Clean Harbors

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Safety-Kleen, North America's leading provider of used oil recycling and parts cleaning, officially withdrew its plans for an initial public offering on Friday following its $1.25 billion acquisition by Clean Harbors. The Plano, TX-based company was founded in 2003 and booked $1.4 billion in sales for the 12 months ended 7/31/2012. Credit Suisse and Morgan Stanley were set to be the joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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