Republic's offer of $48 per share represents a 70.4% premium to US Ecology's last close on Tuesday.
The deal would help Republic boost its customer base and expand across the United States and Canada, the company said. It would also add to its adjusted earnings and free cash flow.Republic said it intends to finance the deal using existing and new sources of debt.Reporting by Aishwarya Nair in Bengaluru; Editing by Ramakrishnan M.Subscribe to our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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