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Babcock International Group PLC

M&A Activity Apr 25, 2014

4702_rns_2014-04-25_5f3756d8-ca9d-4a64-8b75-3ba3e7a8b195.html

M&A Activity

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National Storage Mechanism | Additional information

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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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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