Capita secures its future as investors support £700m recap

Aidan Gregory

May 25, 2018 03:00 pm

Capita_office_PA_230x150 — File photo dated 31/01/18 of a Capita sign outside their offices in Bournemouth, Dorset. The company hired to perform various back-office tasks for the NHS in England failed to deliver on key aspects of its service which potentially put patient safety at risk, according to a new report. | Andrew Matthews/PA Wire/PA Images

Shares in Capita, the UK outsourcing company, rose 3.2% on Friday after it concluded its £702m rights issue, intended to put the company on a sound financial footing after a series of profit warnings over the past year.

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Aidan Gregory