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Capita PLC To Acquire Northgate Managed Services Ltd

Thursday, 14 Feb 2013 02:00am EST 

Capita PLC announced that it has agreed to acquire Northgate Managed Services Ltd (NMS) from Northgate Information Solutions for an enterprise value of GBP65 million. This comprises GBP22 million payable in cash consideration and, in addition, the assumption by Capita of a pension deficit of GBP17 million net of tax relief and finance leases for equipment used in the business of GBP26 million. 

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