Hogan Lovells advises Waste Administration Inc on its $7.2 billion take-private acquisition of Stericyle Inc – Cyber Tech

Stericycle, Inc. is a compliance firm that makes a speciality of amassing and disposing regulated medical waste, corresponding to medical waste and sharps, prescribed drugs, hazardous waste, and offering companies for recalled and expired items.

WM intends to finance the transaction utilizing a mix of financial institution debt and senior notes. The consideration representing a complete enterprise worth of roughly $7.2 billion when together with roughly $1.4 billion of Stericycle’s internet debt.

The core Hogan Lovells staff advising WM was led by Company & Finance companion Sylvain Dhennin with help from counsel Charles Jemmett, affiliate India Maddison and trainee Roderick Freeman (Company/M&A). 

The complete staff included pensions recommendation from companion Edward Brown and affiliate Amol Chalisgaonkar (London); employment and pensions recommendation from companion Thierry Meillat, associates Baptiste Camus and Axelle Galiniere (Paris) and companion Maria Benbrahim, marketing consultant Mariette Vis and affiliate Imane Azdad (Amsterdam) companion Luis Enrique de la Villa, associates Olga Albala Soria and Ines Alcaniz (Madrid); actual property recommendation from companion Dan Norris, senior affiliate Saad Amjad, associates Rayan Rachedi, Curtis Rose and Tom Duke (London), companion Michael Levy, senior associates Margot Derumaux and Alice Houdart, affiliate Julie Paladian, trainees Thomas Ntometane and Dicle Yildirim (Paris) companion Stefanie Kern, senior affiliate Sabrina Greubel, affiliate Sven Maier, and tasks affiliate Leonie Hartmann (Munich) and companion Philip van Steenwinkel, senior affiliate Charles-Henri Bernard and affiliate Sean Jonckheere (Brussels); Worker advantages recommendation from companion Ed Bowyer and affiliate Eleanor Doubleday (London); and information safety recommendation from companion Nicola Fulford, senior affiliate Alex Rutherford and trainee solicitor Chris James (London).