8 June 2023 - disposal
The group has sold its non-core software businesses to AdvancedAdvT Limited in another disposal of non-core assets. Capita expects to receive cash proceeds of £44m on completion and this is another step in exiting all of its non-core businesses in the first half of the year. The recent weakness in the share price, which has dropped from 42.5p in March has presented a useful buying opportunity in our view. BUY
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