August 19, 2019 / 6:15 AM / 3 months ago

Mitie to sell catering and hospitality unit

Aug 19 (Reuters) - British outsourcer Mitie Group Plc said on Monday it had agreed to sell its catering and hospitality business to CH&CO for up to 85 million pounds ($103.39 million) in cash, as part of its focus on simplifying its operations.

The sale to CH&CO, which provides catering services to Britain’s Queen Elizabeth, follows a strategic review of the catering business, Mitie said in a statement. ($1 = 0.8222 pounds) (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Arun Koyyur)

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