BIFF.L Share News (BIFF)

IN BRIEF: Biffa GBP1.3 billion takeover by ECP V is official

Biffa PLC - High Wycombe, England-based sustainable waste management company - Says its GBP1.3 billion takeover by ECP V LLC is complete. Biffa shares are cancelled from trading on the Main Market of the London Stock Exchange. ECP is an investor in the fields of energy transition, renewables and infrastructure who, via Bears Bidco Ltd, acquired Biffa.

IN BRIEF: Biffa says GBP1.3 billion takeover crosses final hurdle

Biffa PLC - Biffa PLC - High Wycombe, England-based sustainable waste management company - Says court sanctions GBP1.3 billion takeover of Biffa by ECP V LLC. ECP is an investor in the fields of energy transition, renewables and infrastructure who, via Bears Bidco Ltd, is acquiring Biffa. Biffa expects the takeover to complete on Thursday, following an expected delivery of the scheme court order to the registrar of companies. Biffa shares are to be cancelled from trading on the Main Market of the London Stock Exchange on Friday.

Pacific Horizon to be added to FTSE 250 as Biffa exits amid takeover

(Alliance News) - FTSE Russell said on Tuesday that Pacific Horizon Investment Trust PLC will be added to the FTSE 250 index, replacing Biffa PLC which is being removed.

IN BRIEF: Biffa receives Gibraltar financial approval for ECP takeover

Biffa PLC - High Wycombe, England-based sustainable waste management company - Receives approval from the Gibraltar Financial Services Commission regarding the proposed takeover of Biffa by ECP V LLC. ECP is an investor in the fields of energy transition, renewables and infrastructure who, via Bears Bidco Ltd, is looking to acquire Biffa. Biffa says the takeover remains subject to sanctioning by Court, with a hearing scheduled for January 25. In September, Biffa agreed to a GBP1.3 billion takeover offer from ECP, with the takeover expected to be effective from January 26.

Biffa swings to half-year profit ahead of takeover by private equity

(Alliance News) - Biffa PLC on Thursday reported a swing to profit in the first half of its financial year, but it said the second half could be "more challenging".

Biffa swings to half-year profit

(Sharecast News) - Waste management specialist Biffa said on Thursday that it swung to a half-year profit on the back of higher prices.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET OPEN: FTSE 100 looks to end week on high note

(Alliance News) - Stock prices in London opened mixed on Friday, amid economic gloom in the UK, despite new data showing slight improvements in retail sales and consumer confidence.

UPDATE: Biffa CFO Pike resigns after takeover deal, joins DS Smith

(Alliance News) - Biffa PLC on Friday said that Richard Pike has resigned as chief financial officer, two months after Biffa agreed to a GBP1.3 billion takeover offer from private equity firm, Energy Capital Partners LLC.

IN BRIEF: Pike resigns as Biffa CFO; becomes DS Smith finance director

DS Smith PLC - London-based packaging firm - Appoints Richard Pike as group finance director and executive director, subject to his election at the company's September 2023 annual general meeting. Pike joins from Biffa PLC, a High Wycombe, England-based waste management company, where he has resigned as both a director and the chief financial officer.

LONDON BRIEFING: UK retail sales are better than forecast in October

(Alliance News) - Stock prices in London were called to open slightly higher on Friday, while new data showed UK retail sales performed better than expected last month.

DS Smith appoints Biffa CFO as new finance director

(Sharecast News) - Packaging group DS Smith has appointed Richard Pike, the chief financial officer of waste management firm Biffa, as its new group finance director.

IN BRIEF: Biffa gets Unite union opinion on cash acquisition

Biffa PLC - High Wycombe, Buckinghamshire-based waste management firm - Gets an opinion from union Unite in relation to the recommended cash acquisition of Biffa by Energy Capital Partners LLC. Says the union is "pleased" to see that the offer made by ECP is not based on increased leverage of the company. Further, it supports that "the acquisition will be financed on a basis broadly consistent with an investment grade rated capital structure with a significant equity cushion and will be unsecured".

UK shareholder meetings calendar - next 7 days

UK earnings, trading statements calendar - next 7 days