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Babcock International Group PLC (BAB.L)

BAB.L on London Stock Exchange

480.00GBp
4:35pm BST
Change (% chg)

-0.20 (-0.04%)
Prev Close
480.20
Open
482.50
Day's High
486.40
Day's Low
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Volume
972,736
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2,160,125
52-wk High
846.40
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Mon, Jun 17 2019

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Babcock confirms it turned down Serco's buyout offer

British engineering services group Babcock International Group Plc on Monday confirmed that it had rejected an offer by rival Serco Group in January to combine the two companies in a deal that would have created a company worth 4 billion pounds.

Babcock confirms it turned down Serco's buyout offer

Babcock said that on 23 January it received an unsolicited and preliminary proposal from Serco regarding a potential all-share deal. No further proposal had been received, it added.

UPDATE 1-Babcock confirms it turned down Serco's buyout offer

June 17 British engineering services group Babcock International Group Plc on Monday confirmed that it had rejected an offer by rival Serco Group in January to combine the two companies in a deal that would have created a company worth 4 billion pounds ($5 billion)

Babcock confirms it rejected Serco's buyout proposal

June 17 British engineering services group Babcock International Group Plc on Monday confirmed that it had rejected an offer made by rival Serco Group back in January to combine the two companies in a deal which would have created a company worth 4 billion pounds ($5.04 billion)

BUZZ-Babcock: Rises as Jefferies points to margin growth as future driver

** Shares of British engineering services group Babcock International Group Plc rise 4%

Babcock names Rolls-Royce director Ruth Cairnie as first female chair

Britain's Babcock International Group said Rolls-Royce non-executive director Ruth Cairnie would take over from outgoing chairman Mike Turner, becoming the first woman to hold the role at the engineering and defence services provider.

CORRECTED-UPDATE 1-Britain's Babcock names Rolls-Royce director Ruth Cairnie as first female chair

April 3 Britain's Babcock International Group said Rolls-Royce non-executive director Ruth Cairnie would take over from outgoing chairman Mike Turner, becoming the first woman to hold the role at the engineering and defence services provider.

CORRECTED-Britain's Babcock names Rolls-Royce director Ruth Cairnie as chair

April 3 Britain's Babcock International Group said on Wednesday that Rolls-Royce non-executive director Ruth Cairnie would take over from outgoing chairman Mike Turner, becoming the first woman to take on the role at the firm.

BUZZ-Babcock International: dented by Brexit restructuring costs

** Shares of British defence contractor down 5 pct - top loser on the Midcap index

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