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December 14, 2010

The Competition Bureau has announced that it has approved remaining divestitures in relation to the July, 2010 Waste Services Inc. (WSI)/IESI-BFC Ltd. merger.

Under a June, 2010 Consent Agreement, IESI-BFC and WSI were required to divest commercial waste collection assets in five Canadian cities (Edmonton, Calgary and Ottawa were divested earlier this year).

The structural merger remedies in this case (divestitures) included the divestiture of: (i) about 428 waste customer contracts, 822 containers and two trucks in Simcoe County, Ontario (ii) about 460 customer contracts, 938 containers and two trucks in Hamilton, Ontario and (iii) all of WSI’s interest in its Hamilton transfer station.

For a copy of the Bureau’s News Release see: Competition Bureau Approves Remaining Divestitures in Waste Services Merger.

For a copy of the Consent Agreement see: Consent Agreement.

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