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Evening Standard
Evening Standard
Business
Simon Hunt

Waste giant Biffa receives £1.4 billion takeover offer

Biffa processes waste for two million people in London at its Edmonton recycling plant.

(Picture: Biffa)

Bin collector Biffa today landed a £1.4 billion takeover bid from a US private equity firm.

The offer from Energy Capital Partners of 445p per share represents a 37% premium over yesterday’s closing price of 325p.

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