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Mitie Group, OCS Advance Takeover Deal with UK National Security Clearance

MT Newswires·10/22/2026 09:59:08
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09:59 AM EDT, 10/22/2026 (MT Newswires) -- Mitie Group (MTO.L) and OCS Group International satisfied the UK national security condition of their takeover deal, following clearance from the Investment Security Unit. OCS' acquisition of the British facilities management company is still subject to remaining conditions, including regulatory approval from the UK Competition and Markets Authority and court sanction of the takeover scheme, according to a Thursday filing. The transaction is expected to complete in the first quarter of 2027.