Augean Shares Jump as Morgan Stanley Infrastructure Mulls Approach
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Augean Shares Jump as Morgan Stanley Infrastructure Mulls Approach — Update
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Updated: May 27, 2021, 1:12 pm
© Kris Miller
The Curlew ship decommissioned at Port of Dundee.
One of the world’s largest banks has signalled its intention to acquire a Dundee waste management firm.
An investment arm of global bank Morgan Stanley has informed shareholders it is preparing a bid for Augean, which has a base at the Port of Dundee.
Augean brought the first major decommissioning project to Dundee.
It provided specialised cleaning and waste management services for Shell’s floating production, storage and offloading vessel Curlew.
Huge offshore platform Curlew arrives in Dundee for decommissioning by waste management firm Augean.
The vessel was at Dundee for just over a year, leaving last July.