Biffa's price is not right
7th March 1991, Page 17
7th March 1991
Page 17
Page 17, 7th March 1991
— Biffa's price is not right
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• Despite its declared intention to expand its interest in waste management, NFC has ruled out making a bid for Biffa because it believes the asking price of ,2250m is too high.
NFC chairman James Watson says that acquisitions should preferably fall into the price range of £50-80m. "We have looked at Biffa", he says, "but we are definitely not a player any longer."