Pennon eyes acquisitions as it sits on £3bn cash pile March 30, 2021 Water utility firm Pennon today said it was eyeing acquisition opportunities as it expects to end the financial year with over £3bn of cash. The firm said it had established a sustainable capital structure as it continued a review of growth opportunities benchmarked against a return of capital to shareholders. The FTSE 250 firm said [...]
FTSE reshuffle: Who’s in and who’s out of London’s blue-chip index? March 3, 2021 FTSE reshuffle: Who's in and who's now out of London's blue-chip index?
KKR makes surprise bid for Pennon’s recycling arm January 12, 2020 Pennon’s bin collection and incineration firm Viridor has been the subject of a shock bid from US private equity fund KKR, in an attempt to knock out the competition before an expected auction process. Viridor is set to be one of 2020’s most keenly fought acquisitions, with a number of companies said to be interested [...]