Firms reach preliminary agreement on financial terms of deal that values Renewi at 870p a shareBusiness live – latest updatesThe asset manager Macquarie has launched a £700m offer to buy the waste management company Renewi in the latest takeover of a London-listed firm.The two companies have reached a preliminary agreement on the financial terms of a deal that values Renewi at 870p a share, a 57% premium to its closing price of 554p on Wednesday night. Continue reading…
Source link : https://www.theguardian.com/business/2024/nov/28/australia-macquarie-offers-to-buy-uk-listed-waste-management-firm-renewi-for-700m
Author : Graeme Wearden
Publish date : 2024-11-28 11:38:58
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Australia’s Macquarie offers to buy UK-listed waste management firm Renewi for £700m
