- December 24, 2021
- Posted by: Stratford Team
- Category: Business
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By Kyle Morris
Babcock International Group PLC said Friday that it has completed the sale of its power business to M Group Services for a cash consideration of 50 million pounds ($67.1 million).
“I’m delighted that we continue to make real strides in delivering our plan of streamlining the group,” the London-listed defense contractor’s Chief Executive David Lockwood said.
Write to Kyle Morris at kyle.morris@dowjones.com
