Press Release

VT Group plc (“VT” or the “Company”) notes the announcement by Babcock International Group plc (“Babcock”) and confirms that it received a preliminary approach from Babcock on 3 February regarding a possible offer for the Company. Read it all..

Press Release
2 November 2009

The sale of UKAEA Ltd, the commercial arm of the United Kingdom Atomic Energy Authority, to Babcock International Group has been completed. Read it all..

Babcock International Group PLC (Babcock), the engineering support services company, today announces it has agreed to acquire UKAEA Ltd (UKAEA) from the United Kingdom Atomic Energy Authority for a cash consideration of £50 million. Read it all..

Babcock is celebrating a record order book and a robust market positions and they have now published their half year report ended 30^th September 2008.

The results for the Nuclear division have been particularly strong and reflect the significant market presence of BNS Nuclear Services as well as the strength of the current operational support markets. Compared with the first half of 2007/8 the division benefited from the integration of Strachan & Henshaw’s civil nuclear activities and full contribution from INS.

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