The Financial Conduct Authority (FCA) began probing into Mitie’s affairs at the end of August 2017. It was concerned about the timeliness of a profit warning announced by the company the previous year and how financial information had been prepared and presented. [See our previous report here.]
Mitie issued a statement today declaring: “On 26 June 2018, the FCA advised the company that it was discontinuing its investigation into the company.”
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