Food inflation: First signs of energy cost surge feed through to supermarket shelves as discounts fail to stem price growth
Renewi: Share price rockets on £700m Macquarie takeover offer Business Australian asset management giant Macquarie has made an offer to buy FTSE 250 waste disposal company Renewi for $887m (£701m). In a stock exchange notice, Renewi said the two firms had “reached preliminary agreement on the financial terms of a potential acquisition”, with the board recommending the price to investors, if a firm offer under [...]
Renewi: Waste disposal firm gets green light to sell garbage UK arm to Biffa Business Waste management firm Renewi said it had been given the green light by regulators to sell its UK Municipal business to Biffa. In a statement to markets, Renewi said it had obtained approval from the Competition and Markets Authority (CMA) for the £125m deal, which was announced in May and is expected to increase the [...]
Renewi pays Biffa to help it exit ‘unpredictable’ UK waste market Waste Waste disposal giant Renewi has branded the UK "unpredictable" as it offloaded its loss-leading British municipal division to competitor Biffa alongside a set of full year results in which the firm slid to into the red.