1st Apr 2022 09:24
Capita PLC - London-based outsourcing services - Completes the sale of its IT services and solutions business Trustmarque to New York-based private equity firm One Equity Partners. Says it received net proceeds of GBP118 million at the completion, which included an additional GBP3 million of contingent consideration.
The acquisition was announced in January and helped Capita meet its goal of GBP700 million in total disposal proceeds ahead of the June target.
Current stock price: 21.88 pence, up 4.6% on Friday in London
12-month change: down 51%
By Abby Amoakuh; [email protected]
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