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Renewi plc (SHMCF)

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Renewi soars on £701mln preliminary takeover deal with Macquarie

Renewi soars on £701mln preliminary takeover deal with Macquarie

Renewi PLC (LSE:RWI) skyrocketed almost 43% on Thursday morning after Waste management firm said it had agreed a preliminary takeover deal with Australia's Macquarie. Macquarie offered 870p a share, valuing the company the company at Â£700.9 million, Renewi said on Thursday.

Proactiveinvestors | 7 months ago