Approval received for Mitie PLC and Interserve’s Support Services merger
Date
November 30, 2020
Type
M&A Transactions
Subtype
Transaction agreement announced
Countries
UK (United Kingdom)
Subsectors
Police, Defence & Fire stations
Education
Hospital & Healthcare
Other building & Urban Infrastructure
Solar
Wastewater
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The Competition & Markets Authority (CMA) has approved the acquisition of Interserve’s Support Services by Mitie PLC. Mitie will hold a shareholder approval vote on November 23, 2020, and the transaction is expected to be completed by November 30, 2020. The transaction now values GBP 190 million instead of GBP271 million as stated earlier.
