Summary
Shares in Birmingham-based Severn Trent soared ahead of the imminent demerger of its waste management company Biffa.
Biffa is expected to be be listed on the London market on Monday and shares in Severn Trent at midday yesterday raced ahead 49p to 1433p.See the full content of this document
Extract
Demerger of Biffa a Boost for Severn
Ahead of Biffa's inclusion on the Stock Exchange, broker Cazenove said Bif...
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