{"id":32168,"date":"2026-07-21T20:31:34","date_gmt":"2026-07-21T20:31:34","guid":{"rendered":"https:\/\/microvibenews.com\/?p=32168"},"modified":"2026-07-21T20:31:34","modified_gmt":"2026-07-21T20:31:34","slug":"mitie-agrees-3-1bn-offer-to-create-outsourcing-giant-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=32168","title":{"rendered":"Mitie agrees \u00a33.1bn offer to create outsourcing giant \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/07\/Mitie-EV-van-at-Edinburgh-Castle.png\" alt=\"\" class=\"wp-image-197826 lazyload\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"794\" height=\"522\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/07\/Mitie-EV-van-at-Edinburgh-Castle.png\" alt=\"\" class=\"wp-image-197826 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/07\/Mitie-EV-van-at-Edinburgh-Castle.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/07\/Mitie-EV-van-at-Edinburgh-Castle-300x197.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/07\/Mitie-EV-van-at-Edinburgh-Castle-768x505.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2026\/07\/Mitie-EV-van-at-Edinburgh-Castle-600x394.png 600w\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>One of Mitie\u2019s electric vans outside Edinburgh Castle (pic: Mitie)<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size wp-block-paragraph\">Mitie has become the latest blue listed firm to fall to a takeover bid after agreeing to a \u00a33.1 billion offer by rival outsourcer OCS Group.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">OCS, which is owned by US private equity giant Clayton, Dubilier &amp; Rice, claims it would create a British firm positioned to \u201csupport the organisations that keep the country running\u201d.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Mitie\u2019s board is recommending that shareholders accept the cash offer of 221.6p a share, which, with the dividend included, is a 46.8% premium to yesterday\u2019s closing price.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The tie-up will create one of the UK\u2019s largest private sector employers bringing together OCS\u2019s 50,000 UK employees with Mitie\u2019s 86,000 staff.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Mitie was founded in 1987 and specialises in facilities management, such as engineering maintenance and other services such as hygiene and security.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Its long-serving chief executive, Phil Bentley, announced last month that he would leave in March 2027 after more than 10 years in the job.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The deal is the latest raid on the London Stock Exchange with Beazley, EasyJet, Intertek and Schroders agreeing to takeovers this year, while the US property group Prologis has made repeated attempts to buy its\u00a0FTSE\u00a0100 rival Segro.<\/p>\n<p><!-- Simple Share Buttons Adder (8.6.0) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Mitie #agrees #3.1bn #offer #create #outsourcing #giant #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of Mitie\u2019s electric vans o&hellip; <\/p>\n","protected":false},"author":1,"featured_media":32169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[18747,2593,266,153,265,675,18745,18746,1157,14038],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/32168"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32168"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/32168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/32169"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}