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Under the terms of the cash-and-shares deal, Mitie will pay 466p per Marlowe share. Mitie said it hopes to cut costs by £30 million a year across the combined group after the takeover.
Outsourcing firm Mitie has agreed a takeover of Lord Ashcroft-founded specialist services firm Marlowe in a deal worth around £366 million. Under the terms of the cash-and-shares deal, Mitie will pay ...
One company to watch right now is Mitie Group (MITFY). MITFY is currently sporting a Zacks Rank #2 (Buy) and an A for Value. The stock holds a P/E ratio of 10.19, while its industry has an average ...
June 4 (Reuters) - British outsourcer Mitie Group (MTO.L), opens new tab is in talks to buy smaller peer Marlowe (MRLM.L), opens new tab, the companies said on Wednesday, sending Marlowe's shares ...
Mitie's office at The Chocolate Factory at Somerdale in Keynsham (Image: Alder King) The proposed £366m takeover of a business-critical services specialist, which was founded by Lord Ashcroft, by ...
Mitie is headquartered in London, with operations in Keynsham and Dublin. In 2019, Mitie opened a new office at The Chocolate Factory at Somerdale in Keynsham, consolidating a number of its Bristol ...
Shares in Marlowe were 13.2% higher by 1242 GMT while Mitie's climbed a little over 1%. UK outsourcer Mitie in talks with Marlowe over potential deal Skip to main content ...
British outsourcer Mitie Group is in talks to buy smaller peer Marlowe, the companies said on Wednesday, sending Marlowe's shares 13% higher. Mitie, provider of security, cleaning, engineering and ...
British outsourcer Mitie Group is in talks to buy smaller peer Marlowe, the companies said on Wednesday, sending Marlowe's shares 13% higher. Mitie, provider of security, cleaning, engineering and ...
LONDON - Mitie Group (LON: MTO) plc announced Friday it has published its Annual Report and Accounts for the year ended March 31, 2025, following the release of its full year results on June 5. The ...
Two species of worms have retained remarkably similar patterns in the way they switch their genes on and off despite having split from a common ancestor 20 million years ago, a new study finds.
Jefferies downgraded Mitie Group (LON: MTO) PLC (OTC: MITFY) to Hold from Buy on Friday, setting a price target of GBP1.45 following the company’s recent acquisition announcement.. The downgrade ...