Business
Completion of Acquisition
Completion of Acquisition.
About this update from Babcock International Group Plc
[{"type":"text","content":"\n \nRNS Number : 9185K Babcock International Group PLC 30 June 2014 \n \n\n \n30 June 2014 \n \nBabcock International Group PLC ('Babcock')\nCompletion of the acquisition of Scandinavian AirAmbulance Holding AB (publ) ('SAA')\n \nBabcock confirms that Avincis has today completed the acquisition of 84.6% of SAA for a cash consideration of SEK206 million (£18 million) and acquired net debt of SEK484 million (£42.5 million). \n \nSAA provides emergency medical services in Sweden and Finland from 12 permanent bases. For the financial year ended 30 April 2014 the business expects to report revenue of SEK482 million (£42 million).\n \nEnds\n \n \n\n\n\n\nEnquiries \n \n\n\n\n\n\n\n\nBabcock International Group PLC\n\n\n\n\n\n\n\nTerri Wright, Head of Investor Relations\n\n\nTel: 020 7355 5300\n\n\n\n\n \n\n\n\n\nFTI Consulting \n\n\n\n\n\n\n\nAndrew Lorenz\n\n\nTel: 020 3727 1340\n\n\n\n\nNick Hasell\n\n\n\n\n\n\n\n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END ACQLLFVFRSIIVIS\n ","length":3245,"tagName":"div"}]