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Its not deseration as this wasnt sold in 2 minutes it would of taken months of due diligence to get the sale over the line.
its been stated its the second to last company to be sold so its in the plan.
The Group has a clear view of the organic investment requirements to deliver the mid-single digit growth opportunity. We have also made significant progress in reducing the pension deficit which will allow a material reduction in pension deficit contributions from 2024. We will maintain a prudent approach to our capital structure, with net financial debt to EBITDA at or below 1 times. Collectively, these lead us to expect sustainable positive free cash flow generation over the medium term. We therefore expect to reintroduce dividend payments in the next couple of years, with a modest initial pay-out.
We are investing in profitable companies that are growing their revenues,' he says. 'They have strong balance sheets, pricing power in their particular sectors, and strong management at their helm. At some stage, the market will recognise these positives and hopefully rerate our shares.'
Sounds like they are talking about Capita