Mitie Group PLC (MTO.L)
24 Mar 2017
Britain's Mitie has struck a deal to sell its home healthcare business to specialist investor Apposite Capital for a nominal 2 pounds and is taking another writedown on the value of the loss-making business.
March 1 Britain's Mitie has struck a deal to sell its home healthcare business to specialist investor Apposite Capital for a nominal 2 pounds and is taking another writedown on the value of the loss-making business.
March 1 Britain's Mitie has agreed to sell its loss-making home healthcare business to specialist healthcare investor Apposite Capital for 2 pounds and will take a larger charge in full-year results to writedown the value of the business, it said on Wednesday.
* Mitie hires Sandip Mahajan as CFO, was at Balfour Beatty (Adds CEO and analyst comments, details, updates share move)
Jan 18 British outsourcing firm Mitie announced a change of finance chief on Wednesday as it issued its third profit warning since September, saying business continued to be affected by customers delaying placing orders due to uncertainty following the Brexit vote.
* Property management and technical fm divisions have been impacted by client deferrals and investment plan delays
* Warns FY underlying earnings to be lower than previous estimte
British PM May says knows firms do not want "cliff edge" after Brexit
British PM May to unveil industrial strategy to spur "ambitious" ideas
Oct 10 British business and public services outsourcing group Mitie announced the replacement of Chief Executive Ruby McGregor-Smith on Monday, three weeks after a profit warning that sent its shares down by over 28 percent.