Augean : Waste management firm Augean agrees to $468 million Ancala buyout offer

(Reuters) - Waste management firm Augean said on Wednesday it agreed to a buyout offer of 341 million pounds ($468 million) from a group affiliated to London-based investment manager Ancala Partners LLP.

The offer of 325 pence per share for Augean tops a 280-pence offer in July from Morgan Stanley Infrastructure Inc.

($1 = 0.7289 pounds)

(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Krishna Chandra Eluri)