Outsourcer Mitie buys rival Interserve's facilities arm
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(Reuters) - Mitie Group said on Thursday it would buy rival Interserve's facilities management arm for 271 million pounds, using its financial muscle to gain scale in Britain's huge outsourcing industry at a time when others are struggling with the coronavirus fallout. In results published along with the announcement, Mitie said its operations have been less affected by Britain's lockdown than initially feared, with revenue in April and May down just 12%.The company, which cancelled its final..