Tuesday, January 22, 2008

BIFF

"Waste-collection firm Biffa improved 9¼ to 341p after The Sunday Telegraph revealed that it had received a counter-offer from Global Infrastructure Partners (GIP), an investment firm backed by General Electric and Credit Suisse. Private equity firms Montagu and Hg Capital are already carrying out due diligence in connection with a £1.2bn (350p-a-share) offer."

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/22/cxmktrep122.xml