Capita plc (CPI.L) announced it has acquired iQor Holdings UK Ltd. and subsidiaries from its US parent company, for an enterprise value of 42 million pounds, comprising a cash consideration of 40.5 million pounds on a cash free, debt free basis and the assumption by Capita of a pension deficit of 1.5 million pounds, net of tax relief.
iQor UK provides outsourced debt collection services to both the public and private sectors in the UK. iQor UK employs 450 people in Preston.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.