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Renaissance Services SAOG divests its subsidiary to Babcock International Group PLC

Monday, 20 Jan 2014 04:44am EST 

Renaissance Services SAOG:Announces that it has entered into a binding agreement with Babcock International Group PLC (“Babcock”) to divest its wholly owned subsidiary, National Training Institute LLC (NTI).Announces that the acquisition of NTI is part of Babcock International Group PLC's commitment to invest in Oman.Says that the divestment is effective from Dec. 31, 2013. 

Company Quote

-5.0 -0.47%
4:21am EST