Disposal12 Feb 2022 08:29
based on my research, the only business the company is waiting for completion of sale is trust marque which I expect before the march results. Jon Lewis comments states 'once this sale is completed, we will have exceeded our disposals target' the use of the 'ONCE' suggest or implies that disposal target isn't achieved until its 'COMPLETED' hence conditional. This tells me be all the other businesses are completed and is now waiting for trustmarque to complete before he can turn around and say, disposal target have exceeded expectation. All in my opinion. GlaJon Lewis, Capita’s Chief Executive Officer, said: “We are pleased to have agreed the sale of Trustmarque to One Equity Partners following a competitive sale process. “I am delighted that, once this sale is completed, we will have exceeded our disposals target – and achieved this much earlier than originally planned.“It marks another significant step towards materially reducing our debt, as we continue to simplify and strengthen Capita, and become a more successful business for the long term.