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Speculation over NTR possibly selling off Greenstar

NTR, the parent company of Greenstar UK and Ireland, is looking at selling off the waste management business, according to reports.

An NTR spokesperson said: "NTR plc is aware of some speculation regarding its interests in Greenstar UK. The group does not, as a matter of policy, comment on speculation but can confirm that it regularly explores strategic options for different parts of its portfolio of businesses as a matter of course." 

The Irish Independent newspaper has named energy provider Bord na Mona and investor One51 as possible bidders. A spokesperson for Bord Na Mona could not comment on the speculation.

has learned that bids are to be submitted for Wednesday 17 March.

The business is reportedly worth €250m (£227m).

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