Sunday newspaper round-up: Glencore, THG, John Wood Group
16th Apr 2023 22:11
(Sharecast News) - The board of Teck Resources is piling on the pressure for the mining group to initiate talks with Glencore over its proposed $23bn (£19bn) takeover offer. Meanwhile, advisory group Glass Lewis has joined ISS in pushing for Teck's shareholders to reject a split that will be submitted to a vote on 26 April. According to Glass Lewis, Glencore's offer was sufficiently compelling to justify pausing the separation and engaging in negotiations. - The Sunday Times
Read moreCapita confirms cyber hack as cause of IT failures
3rd Apr 2023 09:47
(Sharecast News) - UK government outsourcer Capita confirmed Capita a cyber-attack was the cause of a major outage of technology services for clients on Friday.
Read moreCapita computer systems crash amid fears of potential cyber attack
31st Mar 2023 12:16
(Sharecast News) - Outsourcing group Capita revealed on Friday that computer systems had come to an abrupt halt, set off fears it could potentially be under cyber-attack.
Read moreCapita offloads resourcing businesses of £17m
6th Mar 2023 08:32
(Sharecast News) - Outsourcing and professional services company Capita has agreed to sell its resourcing businesses to Inspirit Capital, for £21.0m on a cash free, debt free basis.
Read moreCapita returns to FY profit
2nd Mar 2023 10:14
(Sharecast News) - Outsourcing and professional services company Capita said on Thursday that it returned to adjusted profits in 2022, driven by contract wins and an improved order book.
Read moreCapita secures extension to DWP contract
16th Jan 2023 07:19
(Sharecast News) - Outsourcing and professional services company Capita has secured an extension to its contract to deliver personal independent payment assessments for the UK's Department for Work and Pensions.
Read moreCapita revenues edge up 2%, in line with guidance
13th Dec 2022 07:56
(Sharecast News) - Outsourcer Capita reported an uptick in revenue on Tuesday, in line with its full-year guidance.
Read moreCapita to offload Pay360 unit to Access PaySuite
16th Sep 2022 07:16
(Sharecast News) - Business process outsourcing firm Capita has agreed to sell its Pay360 division to Access PaySuite in a deal that values the division at £150.0m.
Read moreCapita H1 pre-tax profits slump
5th Aug 2022 07:21
(Sharecast News) - Outsourcing and professional services firm Capita said on Friday that interim pre-tax profits had slumped due to business exits and portfolio goodwill impairment.
Read moreCapita agrees to sell two real estate and infrastructure consultancy businesses
2nd Aug 2022 08:30
(Sharecast News) - Outsourcing and professional services company Capita has agreed to sell two real estate and infrastructure consultancy businesses to WSP for £60.0m on a cash-free, debt-free basis.
Read moreSunday newspaper round-up: Capita, EasyJet, ZeroAvia
10th Jul 2022 13:49
(Sharecast News) - The man brought in to turn around outsourcer Capita's fortunes sounded a far more chipper note in an interview. Since late 2017, the company has sold off large chunks of the business, while trying to position itself as a technology outfit in areas such as artificial intelligence and running chatbots for firms such as O2. Staff levels have been slashed from 73,000 to 52,000 and debt brought down to a level that is easier to manage. But the key change has been in the firm's corporate culture, according to Lewis. It now emphasises client relationships. Lewis also sounded a positive note on the outlook for the share price, predicting that it would be back at its pre-rights issue level in the next year or two. - Financial Mail on Sunday
Read moreCapita H1 trading in line with expectations
29th Jun 2022 08:45
(Sharecast News) - Business process outsourcing and professional services company Capita said on Wednesday that its first-half performance had been in line with expectations, with further revenue growth, important contract renewals and wins, and ongoing strengthening of the group's balance sheet.
Read moreCapita secures £94m contract extension with NHS
7th Jun 2022 08:44
(Sharecast News) - Outsourcer Capita said on Tuesday that it has secured a £94m, three-year extension with NHS England and NHS Improvement (NHSEI) to continue to fulfil the Primary Care Support England (PSCE) contract.
Read moreCapita secures five-year customer support contract with ScottishPower
26th May 2022 07:38
(Sharecast News) - Professional services company Capita has secured a five-year agreement to deliver front-line customer support services to ScottishPower customers across the UK.
Read moreDirector dealings: Serco, Capita chiefs vest options; Strix non-exec invests
27th Apr 2022 12:41
(Sharecast News) - Two outsourcing giants found themselves on the list of director sells on Wednesday, after their CEOs covered their costs and tax bills after exercising share options.
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