Source - Alliance News
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 £118 million at the completion, which included an additional £3 million of contingent consideration.
The acquisition was announced in January and helped Capita meet its goal of £700 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%
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