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Capita is selling its 75% stake in Fera Science Limited, the joint venture set up eight years ago with the government that specialise in environmental testing, research, and advisory and assurance services.
The outsourcing giant revealed that private equity firm Bridgepoint Group will acquire its 75 per cent holding in the research organisation for £60million.
Among the companies with reports and trading updates today are Petrofac, Capita, Creightons and Wizz Air.
Capita Plc (CPI.L), a British business process outsourcing and professional services, said on Monday that it has agreed to sell its 75 percent stake in Fera Science Limited to Bridgepoint Group Plc, for 60 million pounds on a cash-free, debt-free basis.
London’s equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.