Date: 3 May 2022
Completion of the sale of speciality insurance businesses
has today completed the sale of its speciality insurance businesses to Marco Capital Holdings (UK) Limited on the terms as announced on 2 November 2021.
The sale comprised two businesses: Capita Commercial Insurance Services Limited and Capita Managing Agency Limited.
The completion of the transaction follows receipt of the necessary regulatory approvals. The proceeds, net of transaction costs, will be used to strengthen the balance sheet and reduce debt.
For more information, please contact:
Director of Investor Relations
Tel: 07989 665484
Capita external communications
Tel: 0207 654 2399