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Reuters scoops Babcock/VT deal

Reuters scoops Babcock/VT deal

Reuters broke news on March 22 that defence services group Babcock International had agreed a $2 billion takeover of rival VT Group. The scoop was the culmination of leading coverage throughout the takeover battle, and was confirmed the next day, marking the biggest UK M&A transaction since Lloyds’ purchase of HBOS in January last year.

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