Summary
SHANKS Group, the waste management firm with Scottish roots, yesterday confirmed it is continuing to hold talks with a private equity bidder.
The company's shares plunged 2.3% yesterday, knocking pound(s)12m off its market value, after it warned its full-year profit would be slightly below previous expectations thanks to harsh winter weather. Analysts had been anticipating a full year profit of pound(s)35m to pound(s)38m.See the full content of this document
Extract
Waste Company Continues Takeover Talks
After its shares fell 2.9p to 124p yest...
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