Serco draws existing debt for $295m WBB buy as transatlantic M&A heats up

Mike Turner

February 16, 2021 12:00 PM

Adobestock_Serco_575x375_Feb21 — KIEV, UKRAINE - April 12, 2019: In this photo illustration a Serco Group plc logo seen displayed on a smart phone | Igor Golovniov/Игорь Головнёв - stock.adobe.com

Serco, the UK outsourcing company, has agreed to buy US defence company Whitney, Bradley & Brown for $295m, amid heightened expectations of transatlantic acquisitions this year.

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Mike Turner

Corporate Debt Editor