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Share Price: 116.00

Bid: 115.80

Ask: 116.20

Change: 1.00 (0.87%)

Spread: 0.40 (0.345%)

Open: 114.40

High: 117.60

Low: 114.00

Prev. Close: 115.00

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CMA clears Mitie's acquisition of Interserve Facilities Management

Tue, 17th Nov 2020 08:32

(Sharecast News) - Mitie shares rallied on Tuesday after the Competition and Markets Authority approved its acquisition of Interserve's cleaning and maintenance business.
Mitie announced in June that it was planning to buy Interserve Facilities Management for £271m to enhance its position "as a leading UK facilities management company".

Earlier this month, Mitie revised the terms of the acquisition, reducing the price by £81m.

The deal is subject to a shareholder vote that will be held on 23 November.

At 1305 GMT, the shares were up 6.7% at 36.26p.

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24 Sep 2021 07:02

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Mitie up as Covid-contracts and Interserve acquisition boost revenue

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(Sharecast News) - Mitie said on Tuesday that group revenues doubled in the first quarter following the acquisition of Interserve's facilities management business, sending shares in the outsourcer sharply higher.

27 Jul 2021 12:16

UPDATE 2-UK's Mitie confident on outlook as offices reopen

* Q1 revenue excluding Interserve up 36%* Says confident of H2 and FY as UK reopens* Shares up 5% - top of FTSE 250 (Recasts, adds analyst comment, background)By Yadarisa ShabongJuly 27 (Reuters) - British outsourcer Mitie said on Tuesday it was co...

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CMA clears Mitie's acquisition of Interserve Facilities Management

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