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BCKIY Babcock International Group PLC (PK)

9.85
0.00 (0.00%)
14 Mar 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Babcock International Group PLC (PK) USOTC:BCKIY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 9.85 8.85 10.35 0.00 11:37:57

Babcock International Sells Cyberdefense Consultancy to Accenture for GBP107 Million

06/03/2020 10:23am

Dow Jones News


Babcock (PK) (USOTC:BCKIY)
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   By Adria Calatayud 
 

Babcock International Group PLC said Friday that it has sold its cyberdefense consultancy Context to professional-services group Accenture for 107 million pounds ($136.7 million) in cash.

Babcock, a U.K. aerospace-and-defense company, said the sale continues its strategy of streamlining its portfolio.

Context made an operating profit of GBP2 million for the year to March 31, 2019, and had gross assets of GBP36 million as at Sept. 30, Babcock said.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

March 06, 2020 05:08 ET (10:08 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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