The company, which sells services like security and cleaning for the public and private sector, said it had accepted an offer from OCS Group.

Mitie is set to become the latest company picked off the London Stock Exchange, after agreeing to a £3.1bn takeover by UK rival OCS.

The company, which sells services like security and cleaning for the public and private sector, said it had accepted an offer from OCS Group.

The company said it had accepted an offer from OCS Group

Mitie’s takeover by rival facilities management group OCS marks the London Stock Exchange’s eleventh £1bn+ takeover so far this year