FCA drops investigation into Mitie profit warning

(Reuters) - Outsourcing firm Mitie Group Plc <MTO.L> said on Wednesday that Britain's financial watchdog had ended an investigation into the timing of a September 2016 profit warning.

The Financial Conduct Authority had launched an investigation into Mitie in August into the timeliness of a profit warning announced by the company in September 2016 and the preparation of its results for the period ending March 31, 2016.

(Reporting by Muvija M in Bengaluru; editing by Kate Holton)