2 November 2021 - disposal

Capita has announced that it has disposed of its speciality insurance business and although no details have been given of how much has been received by the company, this is another step in the right direction for the group which remains on track to generate £700m from the sale of non-core businesses by June 2022.  Since reducing our recommendation to FIRM HOLD the shares have drifted lower but are not yet in buying territory . . .

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