Capita Plc agrees to sell software businesses to AdvancedAdvT
LONDON, UK: Capita plc confirms that it has agreed to sell software businesses CIBS, CHKS, Retain, WFM and Synaptic to AdvancedAdvT Limited for an enterprise value of £33 million on a cash-free, debt-free basis. Including cash and debt-like items and typical working capital adjustments, Capita expects to receive cash proceeds of c£44m on completion, including…