Capita PLC (CPI.L)
Latest Key Developments (Source: Significant Developments)
July 19 (Reuters) - Barclays Plc
June 23 (Reuters) - Capita Plc
May 30 (Reuters) - UK's Competition and Markets Authority::Capita and Vodafone have confirmed that they have abandoned the transaction, the CMA has decided not to make a reference in this case.Reference to anticipated acquisition by Capita plc of the UK one-way wide-area paging services business of Vodafone Ltd. Full Article
May 10 (Reuters) - UK's Competition and Markets Authority::Decided that it is or may be the case that this Capita, Vodafone deal may be expected to result in a substantial lessening of competition in the United Kingdom.Capita, Vodafone deal will be referred for a phase 2 investigation unless the parties offer acceptable undertakings to address these competition concerns. Full Article
May 10 (Reuters) - :CMA says Capita and Vodafone face an in-depth merger investigation, unless companies offer acceptable ways of addressing competition concerns..CMA's initial investigation into merger found it could lead to a substantial lessening of competition in supply of wide-area paging services in UK..CMA says after merger, customers could face price rises and reduced quality of coverage..CMA says Capita has until May 17 to offer proposals to resolve competition concerns or face an in-depth phase 2 investigation.. Full Article
Outsourcer Capita said on Friday it would sell its asset management services arm to Australian financial services firm Link Administration Holdings for 888 million pounds ($1.13 billion).