Capita PLC (CPI.L)
24 Jul 2017
Latest Key Developments (Source: Significant Developments)
Capita PLC:The boards of directors of Capita plc and Xchanging plc are pleased to announce that they have reached agreement on the terms of a recommended final cash offer for Xchanging by Capita pursuant to which Capita will acquire the entire issued and to be issued share capital of Xchanging.Under the terms of the Offer, Xchanging Shareholders will receive: for each Xchanging Share 160 pence per share in cash.The Offer values the entire issued and to be issued share capital of Xchanging at approximately £412 million, and represents a premium of approximately. 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).