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IN BRIEF: UK CMA asks for comments on Capita software sale to NEC

2nd Mar 2022 14:17

Capita PLC - London-based outsourcer - UK regulator the Competition & Markets Authority invites comments on Capita's disposal of its Secure Solutions & Services businesses, Capita (SSS) Ltd and Capita Software (US) LLC, to NEC Software Solutions UK Ltd. The deal, worth GBP62 million and part of Capita's programme of selling non-core businesses, was announced back in October. The CMA is considering whether the transaction will reduce competition in the UK. The probe is open for comments until March 16.

Current stock price: 26.28 pence

12-month change: down 46%

By Tom Waite; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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