Babcock International Announces New Divisional Structure

12th Jul 2010 12:11

LONDON (Dow Jones)--Babcock International Group PLC (BAB.LN) said Monday that, as part of the integration of VT Group PLC, it has announced internally the formation of four divisions which will form the structure for the group. MAIN FACTS: -The four divisions will be Marine, led by Archie Bethel, Defence and Security, led by John Davies, Support Services to be led by Kevin Thomas and International which will report directly to Peter Rogers. -Shares at 1110 GMT down 3.5 pence, or 0.6%, at 615.5 pence. -By Tommy Stubbington, Dow Jones Newswires; 44-20-7842-9268; [email protected] (END) Dow Jones Newswires July 12, 2010 07:11 ET (11:11 GMT)