US-Australian metals recycler Sims Limited will sell its 50 per cent stake in the bioenergy and methane abatement company LMS Energy to investors Pacific Equity Partners (PEP). According to a statement issued on Wednesday, Sims has entered a definitive agreement to divest the holding to Pacific 2023 Holdco A Pty Limited, an entity under PEP's guidance. The transaction values Sims's stake in the business at AUD271m (ca. €164m). ...
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