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Capita PLC (CPI.L)

CPI.L on London Stock Exchange

691.50GBp
23 Jun 2017
Change (% chg)

-8.00 (-1.14%)
Prev Close
699.50
Open
698.00
Day's High
705.50
Day's Low
690.50
Volume
2,289,891
Avg. Vol
3,961,731
52-wk High
1,097.00
52-wk Low
431.30

Latest Key Developments (Source: Significant Developments)

Capita to sell unit to Link Group for 888 mln stg
Friday, 23 Jun 2017 01:11pm EDT 

June 23 (Reuters) - Capita Plc ::Sale of capita asset services to link group for 888 mln stg.Capita plc says transaction is subject to certain regulatory and other approvals and completion is expected in Q4 2017.  Full Article

UK's CMA says Vodafone-Capita confirm that merger is abandoned
Tuesday, 30 May 2017 09:23am EDT 

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

UK's CMA refers Capita, Vodafone deal to phase 2 investigation
Wednesday, 10 May 2017 04:39am EDT 

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

Competition watchdog warns Capita, Vodafone on paging services
Wednesday, 10 May 2017 02:11am EDT 

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

Capita names new managing director for real estate unit
Wednesday, 15 Mar 2017 05:45am EDT 

Capita Plc : Capita Real Estate and Infrastructure appoints dave spencer as managing director . Spencer rejoins Capita from Amey where he is currently managing director of its consulting business .Spencer succeeds Geoff Kneen, who will be leaving capita to become a shareholder in a small private equity backed business.  Full Article

K2fly says entered agreement with Capita plc
Thursday, 2 Mar 2017 08:12pm EST 

K2fly Ltd :Entered partnering agreement with Capita plc to license Capita Affinity Mobile Solutions within Australia.  Full Article

K2fly says entered agreement with Capita plc
Thursday, 2 Mar 2017 06:25pm EST 

K2fly Ltd :Entered partnering agreement with Capita plc to license Capita Affinity Mobile Solutions within Australia.  Full Article

Outgoing Capita CEO says strategy to remain intact, dividend not under threat
Thursday, 2 Mar 2017 02:42am EST 

Capita Plc : Outgoing Capita CEO Andy Parker says strategy will remain intact, strategy decided by board not by CEO .Outgoing Capita CEO says no reason why dividend cannot be maintained indefinitely, no need for capital raise.  Full Article

Capita says N.Ireland Education Authority extends ICT services contract
Tuesday, 28 Feb 2017 05:46am EST 

Capita : Northern Ireland Education Authority has extended its contract with capita to provide ICT services for over 1,100 schools in northern ireland .Two-Year extension is expected to be worth greater than £50m and will run until march 2019. Original £170m five-year contract began in 2012.  Full Article

Co-op Bank, Capita revise terms over provision of mortgage administration services
Monday, 13 Feb 2017 02:00am EST 

Co-operative Bank Plc <42RQ.L>: Capita mortgage outsourcing programme . Capita Plc and Co-operative Bank Plc confirm that they have resolved all aspects of their existing contractual dispute . Have agreed revised terms relating to provision of mortgage administration services . Existing systems will continue to be utilised with transformation activity not being progressed .Terms of revised contract do not impact bank's current capital guidance.  Full Article

More From Around the Web

Capita sells asset management arm to Link Group for 888 million pounds

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).