Mitie

Acquirer: OCS

Mitie has been acquired by OCS in a £1bn takeover deal, marking the eleventh £1bn takeover on the London Stock Exchange this year. Summary of transaction details: Value: £1bn Sector: Business Services Advisor: Not disclosed Key Entities: Mitie, OCS Location: UK Note: The acquisition raises concerns about the competitiveness of the UK market and the need for a whole of government effort to support British companies and prevent them from falling prey to overseas bids.