June 17, 2019 / 1:16 PM / a month ago

BUZZ-Renewi: Jumps after sale of Canadian business

** Shares of British recycler up 4.4%

** Co said it would sell its Canadian operations to Amsterdam-based Dutch investment firm Convent Capital for an enterprise value of up to C$107.5 mln ($80.19 mln) as it looks to simplify its business

** Co says deal is subject to change of control approvals from relevant municipalities in Canada and is expected to take place before the end of September 2019 ($1 = 1.3406 Canadian dollars)

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