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Serco Group PLC (SRP.L)

SRP.L on London Stock Exchange

138.70GBp
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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)

Serco made two bids to merge with Babcock - report

LONDON British outsourcer Serco has made two attempts to merge with its bigger rival Babcock in a deal focused on the defence industry which would have created a company worth 4 billion pounds, The Sunday Times reported.

UPDATE 1-Serco made two bids to merge with Babcock - report

LONDON, June 16 British outsourcer Serco has made two attempts to merge with its bigger rival Babcock in a deal focused on the defence industry which would have created a company worth 4 billion pounds ($5 billion), The Sunday Times reported.

Serco makes two bids to merge with Babcock: The Sunday Times

LONDON British outsourcer Serco has made two attempts to merge with its bigger outsourcing rival Babcock, a deal which would create a company worth 4 billion pounds ($5.04 billion), The Sunday Times reported.

Serco makes two bids to merge with Babcock - The Sunday Times

LONDON, June 15 British outsourcer Serco has made two attempts to merge with its bigger outsourcing rival Babcock, a deal which would create a company worth 4 billion pounds ($5.04 billion), The Sunday Times reported.

Serco shares jump on profit boost from $225 million U.S. naval supplier deal

EDINBURGH British outsourcer Serco on Thursday said it would buy U.S. engineering firm Alion's naval systems unit for $225 million to expand in the fast-growing segment of supplies to the U.S. Navy, sending its shares higher.

UPDATE 2-Serco shares jump on profit boost from $225 mln U.S. naval supplier deal

EDINBURGH, May 23 British outsourcer Serco on Thursday said it would buy U.S. engineering firm Alion's naval systems unit for $225 million to expand in the fast-growing segment of supplies to the U.S. Navy, sending its shares higher.

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