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Pin to quick picksCapita Share News (CPI)

Share Price Information for Capita (CPI)

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Share Price: 13.44
Bid: 13.42
Ask: 13.48
Change: 0.04 (0.30%)
Spread: 0.06 (0.447%)
Open: 13.54
High: 13.72
Low: 13.28
Prev. Close: 13.40
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UPDATE 1-Capita to unveil restructuring and 400 mln stg disposal plan -Sky News

Tue, 16th Mar 2021 20:58

(Adds Capita's response)

March 16 (Reuters) - Capita PLC on Wednesday will
unveil a fresh restructuring of the embattled outsourcer, along
with a plan to raise 400 million pounds ($556.04 million) from a
string of disposals, Sky News reported https://bit.ly/38KIV7i on
Tuesday.

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 declined to comment on the Sky News report.
($1 = 0.7194 pounds)
(Reporting by Radhika Anilkumar in Bengaluru;
Editing by Marguerita Choy and Dan Grebler)

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