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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Isoft Fpo | ASX:ISF | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
Capita Group PLC (CPI.LN), a provider of business process outsourcing solutions and professional support services, said Tuesday it acquired McKeown Software Limited, trading as iSoft Business Solutions, for a consideration of GBP23 million on a cash-free, debt-free basis.
MAIN FACTS:
-iSoft Business Solutions will be known as I B Solutions after the acquisition.
-iSoft Business Solutions, a subsidiary of iSOFT Group (ISF.AU), is a provider of financial accounting and purchasing software to the public sector.
-iSoft Business Solutions made a pro forma operating profit for its financial year to June 30 of GBP3.2 million on turnover of GBP17.7 million.
-Shares of Capita Group on Monday closed at 679 pence.
-By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, tapan.panchal@dowjones.com
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