The inquisitor: Will One51 move for Augean?

Shares in toxic waste recycler Augean Trading continue to rise unabated.

13th September, 2008

Shares in toxic waste recycler Augean Trading continue to rise unabated.

Last week, shares in the English company were changing hands at 104p, up 52 per cent since August 22.This was just before Philip Lynch’s One51 announced that it was considering making a cash offer for the group. Management at Augean issued a statement confirming it had received an approach.

However, we haven’t heard anything since.One51 has been busy acquiring smaller recycling and waste...

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