March 16 (Reuters) - Capita PLC on Wednesday will
unveil a fresh restructuring of the embattled outsourcer
alongside a plan to raise 400 million pounds ($556.04 million)
from a string of disposals, Sky News reported https://bit.ly/38KIV7i
on Tuesday.
Alongside its annual results, the company will announce that
it will slash the number of operating divisions to just three,
the report added.
Capita, which provides IT-led business services to the
public and private sector, will be reorganised under two core
divisions called government services and customer management,
with a third division to be responsible for managing the
company's non-core businesses, Sky said.
The company has been trying to sell its non-core assets for
the past year to shore up its finances.
Capita did not immediately respond to a request for comment.
($1 = 0.7194 pounds)
(Reporting by Radhika Anilkumar in Bengaluru;
Editing by Marguerita Choy)