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IN BRIEF: Morgan Stanley Infrastructure may make offer for Augean

Thu, 27th May 2021 13:52

Augean PLC - Wetherby, West Yorkshire-based waste management company - Notes announcement from Morgan Stanley Infrastructure Inc that it is in the preliminary stages of considering making an offer to buy Augean. Says it has not received an approach yet from MSI, which says there can be no certainty that an offer will be made.

Current stock price: 292.50 pence, up 18%, for GBP307 million market capitalisation

Year-to-date change: up 38%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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