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DOJ requires divestitures for Republic's acquisition of Santek, Kinderhook main buyer


Dive Brief:
The U.S. Department of Justice s Antitrust Division (DOJ) and the Alabama attorney general s office filed a civil suit against Republic Services yesterday, seeking divestitures across Alabama, Georgia, Mississippi, Tennessee and Texas in order to approve the company s pending acquisition of Santek Waste Services.
A proposed settlement would see two landfills, two transfer stations, four collection facilities and multiple small container commercial waste (SCCW) collection routes in the Southeast sold to Kinderhook Industries or an approved acquirer. The private equity firm s local portfolio companies include Capital Waste Services and EcoSouth Services. Certain Texas collection routes would also be sold to Waste Connections. ....

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