Capita acquisition of Tribal Group divisions co...
27 April 2011
Shareholders approve Capita's acquisition of health and government divisions of Tribal Group
Tribal shareholders have approved the acquisition, by the Capita Group Plc
(`Capita'), of the health and government divisions of Tribal Group Plc
(`Tribal') and the acquisition has now completed.
The cash consideration of £15.8 million on a cash-free, debt free basis for the
acquisition includes a deferred consideration of up to £2.5 million. The
acquisition adds key new capabilities to Capita's health and consulting
businesses, details of which were included in Capita's announcement of 11 April
2011.
-ends-
Media enquiries
Capita press office
Caroline Mooney
Tel: 0207 654 2152 or 020 7654 2399 (out of hours)
Notes to editors
The Capita Group Plc is the UK’s leading provider of BPO and integrated professional support service solutions. With 37,000 people at more than 350 sites, including 64 business centres across the UK, Ireland, the Channel Islands and India, the Group uses its expertise, infrastructure and scale benefits to transform its clients’ services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE100 with revenues for 2010 of £2,744 million. Further information on The Capita Group Plc can be found at: http://www.capita.co.uk
The Capita Group Plc is the UK's leading provider of BPO and integrated
professional support service solutions. With 37,000 people at more than 350
sites, including 64 business centres across the UK, Ireland, the Channel
Islands and India, the Group uses its expertise, infrastructure and scale
benefits to transform its clients' services, driving down costs and adding
value. Capita is quoted on the London Stock Exchange (CPI.L), and is a
constituent of the FTSE100 with revenues for 2010 of £2,744 million. Further
information on The Capita Group Plc can be found at: http://www.capita.co.uk
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