BRIEF-Serco in deal with UK govt to deliver contract savings

LONDON, Nov 12 (Reuters) - Serco Group PLC: * Serco signs memorandum of understanding with UK government * Signs MOU with the UK central government to deliver savings on a number of its contracts * Savings will be made through scope changes and cost efficiencies * Says savings not material to the group's financial expectations ((London Equities Newsroom; +44 20 7542 7717)) (For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved.

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