Capita plc announces sale of Capita One to Orchard Information Systems for £200m
Capita plc has entered into a definitive agreement to divest its standalone software division, Capita One, to Orchard Information Systems Limited, a subsidiary of MRI Software, LLC. The transaction, valued at £200 million on a cash-free, debt-free basis, is expected to significantly reshape Capita’s operational focus and enhance shareholder returns. Financial Highlights and Strategic Implications: […]