Biffa returns to London stock exchange with lower-than-expected share price

Total net proceeds from IPO estimated at £220m

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(UK) – British waste management firm Biffa relisted on the London stock exchange and issued around 118 million new shares at a price of £1.80 per share. The price corresponded to a market capitalisation of £450m, or approximately €500m, the company announced on 14 October. Conditional dealings in the shares with ...

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