Mitie Agrees to £3.1 Billion Takeover by Rival OCS Group
Facilities management group Mitie has reached an agreement for a £3.1 billion takeover by its rival outsourcer, OCS Group, marking a significant deal in the sector and a blow to the London stock market.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (56/100)Sources
Mitie agrees £3.1bn takeover by rival outsourcer OCS Group
Facilities management group is latest London-listed company to agree a deal
Read full article →Mitie agrees £3.1bn takeover by OCS in blow to London stock market
Board of UK government contractor recommends deal with private-equity owned rival Business live – latest updates The outsourcer Mitie has agreed to a £3.1bn takeover by its private-equity owned rival OCS Group, ending nearly four decades on the stock market and making it the latest London-listed company to be acquired this year. On Tuesday, the government contractor said its board has recommended that shareholders accept a cash offer of 221.6p a share, a 44.7% premium to Monday’s closing pr...
By Lauren Almeida
Read full article →Mitie agrees to £3.1bn takeover swoop by rival UK-based outsourcer
The company, which sells services like security and cleaning for the public and private sector, said it had accepted an offer from OCS Group.
By Anna Wise
Read full article →
