IPOing waste firm Biffa has arrived in London – and these pictures prove it
Waste management company Biffa today floated on the London Stock Exchange.
The initial public offering (IPO) was pushed through at a reduced price after the company failed to find enough investor interested.
Read more: Biffa set to float next week after cutting price to save IPO from scrapheap
The company's base price, which has remained largely flat so far today, was 180p, down from an earlier target of 220p.
Chief executive Ian Wakelin said in a statement today:
We are delighted to have reached this important milestone, and we now look forward with confidence to the next stage in the development of Biffa as a public company.
If you have an interest in waste management, big trucks and the City of London, you might enjoy these pictures, taken earlier this week and sent out by Biffa this morning:
Read more: Biffa has confirmed plans to float in London's biggest post-referendum IPO