Serco Group Plc, a provider of outsourcing services, said it’s not in talks over any “major transaction” after a newspaper reported the company had offered $2 billion to buy SRA International Inc.

Serco Group, based in Hook, England, “is not in any discussions regarding any major transaction at this time,” it said an e-mailed statement today.

The Sunday Telegraph said earlier, without citing anyone, that Serco had bid for SRA International in a deal that would make it the biggest foreign provider of services to the U.S. government. The newspaper said Serco, advised by UBS AG, was improving the offer after the initial approach was rejected.

Source: http://www.bloomberg.com/news/2011-01-23/serco-says-it-s-not-discussing-any-major-transaction-correct-.html