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  • Waste firm ready to accept £600m takeover offer 8 Dec 2009 07:13 GMT
    ... Waste firm ready to accept £600m takeover offer ... following the buy-outs of rivals Cory and Biffa. The company was formed in the late ... has three key areas of work - recycling, converting waste into energy and Private Finance ...

  • Americans set to pay £600m for UK waste company 8 Dec 2009 09:54 GMT
    ... Americans set to pay £600m for UK waste company WASTE management company Shanks has signalled ... following the buy-outs of rivals Cory and Biffa. The company was formed in the late ... has three key areas of work - recycling, converting waste into energy and Private Finance ...

  • Waste group Shanks sets £600m price tag after private equity offer 8 Dec 2009 00:56 GMT
    ... SHANKS, the waste management company with Scottish roots, was last ... following the buy-outs of rivals Cory and Biffa. US-based Carlyle – one of the world's ... and disposals, and sharpened its focus on recycling, organic waste treatment, and private finance initiative ...

  • Shanks response stuns analysts 8 Dec 2009 01:31 GMT
    ... bout of mergers and acquisitions in the waste management sector, but the way handled Carlyle ... private equity consortia. Veolia, Sita and Waste Recycling Group are divisions of French and Spanish ... interest, tax, depreciation and amortisation. Montagu purchased Biffa for about 10 times in 2008, according ...

  • Shanks happy for £600m takeover to go ahead 8 Dec 2009 12:57 GMT
    ... Waste management company Shanks yesterday signalled its willingness ... following the buy-outs of rivals Cory and Biffa. The company was formed in the late ... has three key areas of work – recycling, converting waste into energy and Private Finance ...

  • Shanks considers £600m takeover offer 7 Dec 2009 12:34 GMT
    ... takeover would make Shanks the UK's third waste management group to fall into private equity ... following the buy-outs of rivals Cory and Biffa. The company was formed in the late ... has three key areas of work - recycling, converting waste into energy and Private Finance ...

  • Shanks' self-set price tag seems wholly achievable 8 Dec 2009 12:39 GMT
    ... a step-up in private equity deal-making after waste management firm confirmed it had received—and rejected—a ... lower than the valuations achieved by peers Biffa and Cory when they were taken over ... strategy of reducing debt and focusing on recycling and organic waste appears to have paid ...

  • Shanks holds out for 150p offer after Carlyle approach 7 Dec 2009 19:31 GMT
    ... out for 150p offer after Carlyle approach Waste management group Shanks’s shares leapt more than ... days they have been persuaded by the recycling specialist’s management, led by chief executive Tom ... in its £1.2bn takeover of larger rival Biffa. Given its status as the only independently ...

  • UPDATE 3-Shanks seeks $1 bln after Carlyle approach 7 Dec 2009 10:54 GMT
    ... LONDON, Dec 7 (Reuters) - British waste management firm revealed a 536 million pound ... and disposals, and sharpened its focus on recycling, organic waste treatment, and the UK Private ... years of Shanks's British peers, Cory and Biffa, by private equity groups, and highlights how ...

  • Shanks demands extra £60m from takeover hopeful Carlyle 8 Dec 2009 00:21 GMT
    ... Shanks Group, the waste management firm founded in Scotland, has demanded ... and civil engineering to waste management and recycling and is expanding its green energy facilities. ... Other similar companies, such as Cory and Biffa have already been taken over by private ...

  • Private equity circling Shanks 7 Dec 2009 09:34 GMT
    ... WASTE management company Shanks today said it had ... following the buy-outs of rivals Cory and Biffa. The company was formed in the late ... Adrian Auer, works with businesses to increase recycling and reduce waste to landfill. Shanks provides ...

  • Shanks seeks $1 billion after Carlyle approach 7 Dec 2009 11:14 GMT
    ... LONDON (Reuters) - British waste management firm Shanks Group Plc revealed a ... and disposals, and sharpened its focus on recycling, organic waste treatment, and the UK Private ... years of Shanks's British peers, Cory and Biffa, by private equity groups, and highlights how ...

  • Shanks seeks £611 mln after Carlyle approach 7 Dec 2009 11:16 GMT
    ... the approach could prompt counter-bids from other waste companies and private equity firms, attracted by ... and disposals, and sharpened its focus on recycling, organic waste treatment, and the UK Private ... years of Shanks's British peers, Cory and Biffa, by private equity groups, and highlights how ...

  • Shanks asks Carlyle to up its offer as rivals consider bids 7 Dec 2009 22:15 GMT
    ... firm Kohlberg Kravis Roberts, which owns Dutch waste group AVR, are seen as the most ... he has sharpened the company's focus on recycling, organic waste treatment and UK Private Finance ... recent years of UK rivals Cory and Biffa by private equity firms, which are attracted ...

  • Shanks mulls bid interest 7 Dec 2009 12:36 GMT
    ... Waste management company Shanks has signalled its willingness ... following the buy-outs of rivals Cory and Biffa. The company was formed in the late ... has three key areas of work - recycling, converting waste into energy and Private Finance ...


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