AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Serco Group PLC

M&A Activity Jan 26, 2018

5273_rns_2018-01-26_8b745da2-76a2-41de-bae7-99f43c354c67.html

M&A Activity

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 0384D

Serco Group PLC

26 January 2018

US defence acquisition completed

26 January 2018

Serco Group plc

LEI: 549300PT2CIHYN5GWJ21

Further to the announcement of 24 October 2017 regarding the acquisition of BTP Systems LLC, Serco is pleased to confirm that, following receipt of the required approvals, the transaction has now completed.  BTP provides satellite communication and radar engineering technical services to the US defence industry.  These services complement Serco's capabilities in Command, Control, Communications, Computers, Combat Systems, Intelligence, Surveillance and Reconnaissance (C5ISR) services.  Combining the skills of Serco and BTP Systems will enable the delivery of expanded C5ISR services supporting naval modernisation and sustainment for ship, shore and hardware integration projects.

Ends

For further information please contact Serco:

Stuart Ford, Head of Investor Relations T +44 (0) 1256 386 227

Marcus De Ville, Head of Media Relations T +44 (0) 1256 386 226

About Serco

Serco is a leading provider of public services. Our customers are governments or others operating in the public sector.  We gain scale, expertise and diversification by operating internationally across five sectors and four geographies: Defence, Justice & Immigration, Transport, Health and Citizen Services, delivered in UK & Europe, North America, Asia Pacific and the Middle East.

More information can be found at www.serco.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

ACQZMGZMLVDGRZG

Talk to a Data Expert

Have a question? We'll get back to you promptly.