Biffa agrees £1.2bn takeover February 8th, 2008
Biffa has agreed an offer of 350p per share from the private equity firm, Montagu Funds. The offer values Biffa at £1.2bn.
Biffa collects waste from over 1m UK households, has 42 treatment and recycling centres and 33 landfill sites, is seen as a market leader in waste management. A point that leads analysts to believe that a rival bid could be just around the corner, with a 400p per share price tag being achievable.


