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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…
Firms reach preliminary agreement on financial terms of deal that values Renewi at 870p a share
The 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.