Join our community of smart investors

Babcock rejects Serco merger attempt

The combined entity would have been worth £4bn
Babcock rejects Serco merger attempt

Babcock International (BAB) confirmed that it received “an unsolicited and highly preliminary proposal” from outsourcer Serco (SRP) in January 2019 that proposed an all-share merger between the two companies.

IC TIP: Sell at 484p

To continue reading...
OR
Register for free
Read 3 articles for free each month
Have an account? Sign in