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Shanks sells to Terra Firma

The Shanks Group has announced plans to sell its UK landfill and related power operations to Terra Firma for £227.5 million. The sales completion is conditional on approval by Shanks ordinary shareholders. However, an extraordinary general meeting will take place on June 23 and, provided approval is granted, the sale should be completed by the end of the month.Only last month, Shanks confirmed that both the Pennon Groups Viridor Waste and Terra Firma, which owns ...