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Republic Services and Allied Waste complete merger
Republic Services, Inc. (NYSE: RSG) and Allied Waste Industries, Inc. (NYSE: AW) have announced that they have completed their merger to create one of the nation’s leading waste and environmental services providers. The combined company, which will be based in Phoenix, is named Republic Services, Inc. and trades under the ticker symbol “RSG” on The New York Stock Exchange. As of the close of market on December 5, Allied Waste stock will be delisted and will no longer trade on the NYSE.
The merger creates a company with expected pro forma annual revenue of approximately $9 billion and a ... |
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Clean future for world`s dirtiest river
Indonesia`s efforts to clean up the Citarum River, often called the world`s most polluted river, has received a major boost following the Asian Development Bank`s (ADB) approval of a US$500 million multi-tranche loan package. The first loan tranche is for US$50 million. The Citarum River Basin Territory supports a population of 28 million people, delivers 20% of Indonesia’s gross domestic product, and provides 80% of the surface water supply to Indonesia’s capital city, Jakarta.
Over the past 20 years, rapid urbanization and industrial growth have resulted in growing quantities of untreated ... |
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