Biffa PLC - High Wycombe, England-based sustainable waste management company - Says its GBP1.3 billion takeover by ECP V LLC is complete. Biffa shares are cancelled from trading on the Main Market of the London Stock Exchange. ECP is an investor in the fields of energy transition, renewables and infrastructure who, via Bears Bidco Ltd, acquired Biffa. Read More
Biffa PLC - Biffa PLC - High Wycombe, England-based sustainable waste management company - Says court sanctions GBP1.3 billion takeover of Biffa by ECP V LLC. ECP is an investor in the fields of energy transition, renewables and infrastructure who, via Bears Bidco Ltd, is acquiring Biffa. Biffa expects the takeover to complete on Thursday, following an expected delivery of the scheme court order to the registrar of companies. Biffa shares are to be cancelled from trading on the Main Market of the London Stock Exchange on Friday. Read More
(Alliance News) - FTSE Russell said on Tuesday that Pacific Horizon Investment Trust PLC will be added to the FTSE 250 index, replacing Biffa PLC which is being removed. Read More
Biffa PLC - High Wycombe, England-based sustainable waste management company - Receives approval from the Gibraltar Financial Services Commission regarding the proposed takeover of Biffa by ECP V LLC. ECP is an investor in the fields of energy transition, renewables and infrastructure who, via Bears Bidco Ltd, is looking to acquire Biffa. Biffa says the takeover remains subject to sanctioning by Court, with a hearing scheduled for January 25. In September, Biffa agreed to a GBP1.3 billion takeover offer from ECP, with the takeover expected to be effective from January 26. Read More
(Alliance News) - Biffa PLC on Thursday reported a swing to profit in the first half of its financial year, but it said the second half could be "more challenging". Read More
(Alliance News) - Stock prices in London opened mixed on Friday, amid economic gloom in the UK, despite new data showing slight improvements in retail sales and consumer confidence. Read More
(Alliance News) - Biffa PLC on Friday said that Richard Pike has resigned as chief financial officer, two months after Biffa agreed to a GBP1.3 billion takeover offer from private equity firm, Energy Capital Partners LLC. Read More
DS Smith PLC - London-based packaging firm - Appoints Richard Pike as group finance director and executive director, subject to his election at the company's September 2023 annual general meeting. Pike joins from Biffa PLC, a High Wycombe, England-based waste management company, where he has resigned as both a director and the chief financial officer. Read More
(Alliance News) - Stock prices in London were called to open slightly higher on Friday, while new data showed UK retail sales performed better than expected last month. Read More
Biffa PLC - High Wycombe, Buckinghamshire-based waste management firm - Gets an opinion from union Unite in relation to the recommended cash acquisition of Biffa by Energy Capital Partners LLC. Says the union is "pleased" to see that the offer made by ECP is not based on increased leverage of the company. Further, it supports that "the acquisition will be financed on a basis broadly consistent with an investment grade rated capital structure with a significant equity cushion and will be unsecured". Read More
(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on since September 30 and not separately reported by Alliance News: Read More
(Alliance News) - Stocks in London sunk into the red on Tuesday afternoon, with a see-saw session succumbing to selling pressure with sterling continuing to fight back from historic lows. Read More
(Alliance News) - Blue-chip European equities traded off session highs heading into Tuesday afternoon, with early morning confidence giving way to caution as the session wore on. Read More
(Alliance News) - Biffa PLC on Tuesday backed a GBP1.3 billion takeover offer from private equity firm Energy Capital Partners LLC, an investor in the fields of energy transition, renewables and infrastructure. Read More
(Alliance News) - European markets made a more confident start on Tuesday, giving investors a reprieve from recent volatility. Read More
(Alliance News) - European shares were called higher on Tuesday, after Asian markets shook off another tough day on Wall Street overnight. Read More