Capita says it has not received an offer from CVC
Capita said on Thursday that it has not received an offer from private equity firm CVC Capital Partners.
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The outsourcer put out the statement in response to press speculation that CVC was looking to bid for the company after a slump in its share price.
This is Money reported that CVC had its eye on Capita, whose shares have fallen 82% this year. It also said CVC might be facing competition from a rival suitor interesting in buying the company’s education software division, which Capita put up for sale earlier this year.
At 1140 BST, the shares were up 9.2% at 31.98p.