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Posted by
Two Blokes Jun 5 -
Filed in
Stock
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Mitie Group PLC (LSE:MTO) has agreed a recommended cash and share offer to acquire compliance services group Marlowe PLC (AIM:MRL) in a deal valuing the AIM-listed firm at approximately £366 million. The transaction, to be carried out via a court-sanctioned scheme of arrangement, will see Marlowe shareholders receive 290p in cash and 1.1 new Mitie shares per Marlowe share, implying a value of 466p based on Mitie's closing price of 160p on 4 June 2025.
