Waste Management Inc. closed an agreement to sell certain assets in its North American solid waste businesses to Waste Corp. of America for about $105 million.
Waste Management said the latest transaction will include nine waste collection businesses in Arkansas, Kentucky, Missouri, Nebraska, Oklahoma and Texas; 11 landfills in Arkansas, Kansas, Missouri, Nebraska, Oklahoma and Texas; and 7 transfer stations in Arkansas, Missouri, Nebraska and Oklahoma.
Waste Management units are in talks with other parties on the divestitures of other international businesses, as well as certain non-core and non-integrated solid waste assets in North America.
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