Australia’s Macquarie offers to buy UK-listed waste management firm Renewi for £700m
by Graeme Wearden from World news | The Guardian on (#6SJAH)
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.
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