The US private equity firm Carlyle Group is considering a takeover bid for the UK waste management firm Shanks.
Carlyle said it was in talks with the Shanks board about a possible offer, though the cost of the deal was not disclosed.
Shanks is the UK’s largest waste management company, with operations in mainland Europe and Canada.
The Shanks board recently said that an offer of 150 pence per share would be enough to buy the company.
That bid would value Shanks at £595m ($952m).
