DOJ Allows Star Atlantic's $2B Veolia Buy, With Conditions

Law360, New York (November 15, 2012, 3:42 PM EST) -- Private equity-owned Star Atlantic Waste Holdings LP has won antitrust approval for its proposed $1.9 billion purchase of Veolia Environnement SA's solid waste management business after the companies agreed to sell assets in New Jersey and Georgia, the U.S. Department of Justice said Thursday.

The DOJ filed an antitrust complaint in Washington federal court along with a settlement that would require Star Atlantic and Veolia ES Solid Waste Inc. to divest waste collection and disposal assets in northern New Jersey, central Georgia and in the Macon,...
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