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Biffa kicks off a year of deals

All eyes are on waste disposal company Biffa and the news at the time of writing is that it has agreed to a £1.2 billion takeover proposal by a private equity consortium. So what does this mean for Biffa and the industry?The deal has set tongues wagging in the City and caused debate among waste management industry analysts. The offer led by Montagu Private Equity and Global Infrastructure Partners (GIP), is pitched at 350 pence a share. However, although Biffa has recommended ...