OCS to acquire Mitie

The Boards of Mitie and OCS have reached agreement on the terms of a recommended cash acquisition under which OCS would acquire Mitie.
Mitie Group plc has today announced that its Board has reached agreement with OCS Group International Limited on the terms of a recommended cash acquisition under which OCS would acquire Mitie for up to 221.6 pence in cash. The transaction, which is unanimously recommended by the Mitie Board, would bring together two UK-headquartered facilities management and tra