6 March 2023 - disposal
The outsourcing group Capita has announced that it has agreed to sell its resourcing businesses Capita Resourcing, HR Solutions and Thirty Three for £21m on a cash free debt free basis. The buyer is a private equity firm and the disposal is another step in the restructuring of the group. Although shares in Capita have risen strongly since we tipped them as one of our Shares of the Year they may have further to go. In the short-term the shares may struggle to make much more progress so active traders may wish to take at . . .
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