Mitie completes Interserve acquisition

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Mitie Group has completed its acquisition of Interserve Facilities Management.

The acquisition has taken place for a consideration of £105 million in cash to How To Group.

In addition, How To Group will receive a 17.5% stake in the newly enlarged Mitie Group.

At 2:25pm:

(LON:MTO) MITIE Group PLC share price was 0p at 33.5p