RNS Number : 5868F
Babcock International Group PLC
25 April 2014
25 April 2014
Babcock International Group PLC (Babcock)
Receipt of regulatory approvals to acquire the Avincis Group
Further to the announcement on 27 March 2014, Babcock is pleased to announce that it has received approvals from the Spanish Council of the National Markets and Competition Commission and the Portuguese Competition Authority in respect of the acquisition of the Avincis Group. All conditions to completion of the acquisition have therefore been satisfied. Completion is expected to take place in May 2014.
Ends
Enquiries
|
Babcock International Group PLC |
+44 (0)20 7355 5331 |
|
Terri Wright, Head of Investor Relations |
|
|
FTI Consulting |
+44 (0) 20 3727 1340 |
|
Richard Mountain |
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