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Serco Group PLC (SRP.L)

SRP.L on London Stock Exchange

143.50GBp
19 Jul 2019
Change (% chg)

1.10 (+0.77%)
Prev Close
142.40
Open
143.40
Day's High
144.20
Day's Low
142.70
Volume
699,003
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1,694,273
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Thu, Jul 4 2019

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Deloitte, partner fined over Serco Geografix audit failures

LONDON Deloitte and a senior partner have been fined and severely reprimanded for misconduct over the audit of Serco Geografix (SGL), an outsourcer that on Thursday formally settled a six-year criminal investigation into fraud and false accounting.

UPDATE 2-Deloitte, partner fined over Serco Geografix audit failures

LONDON, July 4 Deloitte and a senior partner have been fined and severely reprimanded for misconduct over the audit of Serco Geografix (SGL), an outsourcer that on Thursday formally settled a six-year criminal investigation into fraud and false accounting.

Watchdog imposes $5.8 mln fines on Deloitte, partner for audit failures

LONDON, July 4 The Financial Reporting Council has fined Deloitte and one of its partners a total of 4.62 million pounds ($5.81 million) for misconduct in relation to the audit of financial statements of Serco Geografix Ltd for the years 2011 and 2012.

Serco to pay $24 million fine over electronic tagging scandal

LONDON A division of Britain's Serco is close to securing a deal under which it will pay a 19.2 million pound ($24 million) fine that looks to draw a line under a long-running scandal over how it billed for electronic tagging contracts.

UPDATE 1-Serco to pay $24 mln fine over electronic tagging scandal

* Serco bosses "mortified, embarrassed and angry" (Updates with SFO charging decision on individuals expected this year, details)

Serco agrees to 19 mln pound fine over electronic tagging fraud

LONDON, July 3 Britain's Serco has agreed to pay a 19.2 million pound ($24.1 million) fine for three offences of fraud and two of false accounting when it provided electronic tagging to the Ministry of Justice (MOJ) between 2010 and 2013.

UPDATE 1-Britain's Serco nudges 2019 revenue outlook higher

LONDON, June 27 Serco nudged its full-year revenue target higher on Wednesday and said a decision on resuming the dividend was looming, after a recent run of contract wins helped the British outsourcer to shine in an otherwise troubled sector.

Britain's Serco nudges 2019 revenue outlook higher

LONDON, June 27 Serco nudged its full-year revenue target higher on Wednesday after a recent run of contract wins helped the British outsourcer to stand out in an otherwise troubled sector.

Babcock confirms it turned down Serco's buyout offer

Babcock said that on 23 January it received an unsolicited and preliminary proposal from Serco regarding a potential all-share deal. No further proposal had been received, it added.

UPDATE 1-Serco made two bids to merge with Babcock - report

LONDON, June 16 British outsourcer Serco has made two attempts to merge with its bigger rival Babcock in a deal focused on the defence industry which would have created a company worth 4 billion pounds ($5 billion), The Sunday Times reported.

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