Dec 8 British outsourcer Capita said it
planned to sell a raft of assets in a bid to protect its balance
sheet after client indecision following Brexit prompted it to
cut its profit forecast again.
Capita said it would sell the majority of its Capita Asset
Services division and a number of other businesses.
The group said it now expected 2016 underlying profit before
tax to be at least 515 million pounds ($651 million), compared
with a forecast made in September of between 535 million pounds
and 555 million pounds.
($1 = 0.7908 pounds)
(Reporting by Elisabeth O'Leary and Kate Holton, editing by