News: Serco Group PLC (SRP.L)

SRP.L on London Stock Exchange

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Fri, Apr 17 2015

BRIEF-Serco Group rights issue fully subscribed

* Company confirms that Merrill Lynch International and J.P. Morgan Securities Plc, on behalf of underwriters, have procured subscribers for 29,009,130 new ordinary shares

Shares in Serco slump as it raises cash for recovery

LONDON - British outsourcing firm Serco on Thursday launched a 555 million pounds ($831 million) rights issue after a spectacular profit collapse and said it was unlikely to return to sales growth for another three years.

UPDATE 2-Shares in Serco slump as it raises cash for recovery

LONDON, March 12 - British outsourcing firm Serco on Thursday launched a 555 million pounds ($831 million) rights issue after a spectacular profit collapse and said it was unlikely to return to sales growth for another three years.

UPDATE 1-Serco expects final bids for Indian BPO unit in early April

LONDON, March 5 - British government services group Serco expects binding offers for its Indian outsourcing unit in early April, with private equity firms the strongest contenders to lead a management buyout, three sources familiar with the matter said.

Serco expects final bids for Indian BPO unit in early April - sources

LONDON, March 5 - British government services firm Serco expects binding offers for its Indian outsourcing unit in early April valuing the business at up to 360 million pounds ($548.28 million), three sources familiar with the matter said on Thursday.

BRIEF-CAF signs deal with Serco for supply of 75 railway cars in Scotland

* Says signs deal with Serco Group PLC for the supply of 75 railway cars in Scotland

CORRECTED-UPDATE 1-Aggreko sees boost to trading profit after Argentina deal

(Corrects outsourcing firm to Serco from G4s in last paragraph)

Serco staff cleared in prisoner escort contract probe

LONDON - Serco said on Friday the City of London police had found no evidence that staff working on a British prisoner escorting contract for the outsourcing firm had misleadingly recorded prisoners as ready for court when they were not.

Serco staff cleared in prisoner escort contract probe

LONDON, Dec 19 - Serco said on Friday the City of London police had found no evidence that staff working on a British prisoner escorting contract for the outsourcing firm had misleadingly recorded prisoners as ready for court when they were not.

Serco secures amendment to lending terms

LONDON, Dec 18 - Troubled British outsourcer Serco said on Thursday it had agreed with its bank and U.S. private placement lenders to delay covenant tests to the end of May, giving it time to shore up it creaking finances.

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