MARKET TALK: Compass Acquisition In Line With Strategy

8th Jun 2010 07:36

0636 GMT [Dow Jones] Compass Group's (CPG.LN) acquisition of Southeast Service Corp for $65M cash is in line with the company's strategy of extending its range of food services says an analyst. However, adds, the acquisition is relatively small and not particularly significant. Says Southeast Service is a provider of soft support services operating in the education, business and industry sectors in the US. Compass shares closed Monday at 550p. ([email protected]) Contact us in London. +44-20-7842-9464 [email protected] (END) Dow Jones Newswires June 08, 2010 02:36 ET (06:36 GMT)