Biffa to raise £270m in UK's biggest IPO since Brexit vote

Discussion in 'Market News' started by Lily, Sep 15, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
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    Waste management firm expected to be valued at £1bn when it floats on London Stock Exchange

    Biffa, the waste management business, has announced plans to raise £270m in the biggest UK flotation since the vote to leave the EU.

    The 104-year-old company’s initial public offering (IPO) will value it at a reported £1bn or more and will consist of new shares and those held by its owners.

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