Mitie’s agreed OCS takeover clears the UK national-security condition
Mitie ($MTO) said the UK national-security condition for its recommended cash takeover by OCS Group International has been satisfied. The Investment Security Unit notified OCS that no further action would be taken under the National Security and Investment Act. The announcement follows the separately disclosed satisfaction of the European merger-control condition, reducing the number of regulatory steps outstanding. The transaction remains pending and cannot yet be treated as completed. Approval
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