AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Capita PLC

M&A Activity Nov 3, 2017

5279_rns_2017-11-03_e9ccf572-b147-4c23-9954-281802c4d5f3.html

M&A Activity

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

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

Capita plc - Completion of disposal of Capita Asset Services

PR Newswire

London, November 3

COMPLETION OF DISPOSAL OF CAPITA ASSET SERVICES BUSINESSES

Capita plc (‘Capita’) announced on 23 June 2017 the sale of the Capita Asset Services businesses (‘CAS’) to Link Administration Holdings Limited (‘Link Group’), subject to certain regulatory and other approvals.

Capita confirms the completion today of the sale of CAS for a cash free, debt free consideration of £888 million.

Nick Greatorex, Interim CEO and Group Finance Director said:

“We are pleased to have completed the disposal of our Capita Asset Services businesses. This means that we have successfully achieved the objective we set at the end of 2016 of disposing of these businesses and reducing our debt so that we are better positioned to support and invest in the future success of Capita.”

- ENDS –

For further information:

Capita plc

Shona Nichols, Executive Director, Corporate Communications

Andrew Ripper, Head of Investor Relations

Tel: 020 7799 1525

[email protected]

Capita is a leading UK provider of technology enabled customer and business process services and integrated professional support services. With 67,000 people at over 450 sites 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: http://www.capita.com. LEI no. CMIGEWPLHL4M7ZV0IZ88.

Talk to a Data Expert

Have a question? We'll get back to you promptly.