BAE Systems buys Detica

LONDON (Reuters) - BAE Systems (BAES.L) said on Monday it had made a recommended offer for Detica Group DCA.L, a provider of IT services to the national security sector, at 440 pence a share, valuing the business at about 538 million pounds including assumed debt.

The bid price represents a premium of about 57 percent on Detica's share price on July 17, the last day before Detica announced it had received an approach.

(Reporting by Paul Sandle; Editing by Erica Billingham)