Shanks approached by private equity firm
Waste management firm Shanks has confirmed that a private equity company has approached the group with a cash offer of 135p per share, valuing it at £535 million. However, after discussions with its two main shareholders, the offer thought to be made by the Carlyle Group would have to rise to 150p per share to deliver an appropriate value to shareholders. Shanks, a public company listed on the stock exchange, would ...
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