Reported 2 days ago
UK outsourcer Mitie Group is negotiating a potential acquisition of Marlowe, causing Marlowe's shares to rise by 13%. Mitie, which offers various services including security and engineering, must make a formal offer by July 2 under British takeover regulations. The acquisition is expected to enhance Mitie's facilities management capabilities. This move follows a trend of increasing mergers and acquisitions in the UK market.
Source: YAHOO