Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of MRW, please enable cookies in your browser

We'll assume we have your consent to use cookies, so you won't need to log in each time you visit our site.
Learn more

Biffa shareholders approve of private takeover

Biffa shareholders agreed to take proposals for the companys takeover bid forward in a court meeting held yesterday (March 12 2008).The waste company has already recommended a £1.2 billion offer from private equity firms Montagu and Global Infrastructure Partners and at the court meeting the board reached an agreement on the terms of a recommended acquisition.More than 87% of voting shareholders were in favour of the takeover. A Biffa statement said: At the court ...

Subscribe now to read this article in full