Capita PLC

M&A Activity • Oct 23, 2017

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

Capita plc - Capita Asset Services businesses disposal update

PR Newswire

London, October 22

CAPITA ASSET SERVICES BUSINESSES DISPOSAL UPDATE

Capita plc (‘Capita’) announced on 23 June 2017 the sale of the Capita Asset Services businesses (‘CAS’) to Link Administration Holdings Limited (‘Link Group’) for a cash free, debt free consideration of £888 million, subject to certain regulatory and other approvals.

Capita confirms today that all the mandatory regulatory approvals have now been received and as a result, Capita and Link Group expect to complete the transaction on Friday 3 November 2017.

- ENDS –

For further information:

Shona Nichols, Executive Director, 

Corporate Development & Communications

Capita plc: 0207 654 2306

Shona.nichols@capita.co.uk

Capita is a leading UK provider of technology enabled customer and business process services and integrated professional support services. With 73,000 people at over 450 sites, including 98 business centres across the UK, Europe, India and South Africa, Capita uses its expertise, infrastructure and scale benefits to transform its clients' services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L). Further information on Capita can be found at: www.capita.com LEI no. CMIGEWPLHL4M7ZV0IZ88.