macquarie takeover, page-6

just to spice things up - the rumour back in January was that Babcoch and Brown were interested in GRD.

GRD is an interesting company but normally with a leveraged buyout you require strong and secure cash flow. Some might have argued it didn't have this six months ago, but I don't think so now.

With Lancashire bedded down Macquarie may viewing GRD as a green technology play given its status as a recycler and a producer of renewable energy credits.

And let's also not forget Macquarie's penchant for infrastructure assets.

Game on.