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Some of Renewi's major shareholders are divided as to whether the recycling company should engage with Australian suitor Macquarie. One major shareholder has told Renewi's board that it should not until Macquarie raised its £636m bid, but another top ten shareholder told The Sunday Times that it should talk to the Australian outfit anyways. Macquarie has until 26 October to make a firm offer. - The Sunday Times .
The Sunday Times's Lucy Tobin tipped shares of Smiths Group, pointing to the enginering outfit's business outlook, solid management and valuation to back up her case.
