Added to YB: 2026-07-28
Pitch date: 2026-07-25
MTO.L [neutral]
Mitie Group plc
-0.19%
current return
Author Info
No bio for this author
Company Info
Mitie Group plc, together with its subsidiaries, provides facilities management and professional services in the United Kingdom and internationally.
Market Cap
GBP 2.7B
Pitch Price
GBP 2.10
Price Target
N/A
Dividend
2.15%
EV/EBITDA
9.09
P/E
34.33
EV/Sales
0.57
Sector
Commercial Services and Supplies
Category
special_situation
This Week on the FTSE — 25 July 2026 - Mitie Group plc
MTO.L (overview): US-backed rival OCS agreed £3.1bn cash takeover at 221.6p/share (47% premium), shares +39%. Not a rescue — Mitie grew revenue 10%/yr vs 2-3% sector on contract wins & AI services. Panmure Liberum sees completion, little counter-bid chance; Deutsche Bank target just below offer. Part of UK take-private wave (SEGRO, easyJet, Rotork, Vodafone) as global buyers close public-private value gap.
Read full article (2 min)