Capita to increase outsourcing stake.
The Capita Group hopes to generate revenue in excess of £100m through outsourced insurance in 2001. ...
The Capita Group hopes to generate revenue in excess of £100m throughoutsourced insurance in 2001.
Capita acquired the Eastgate Group in November 2000 and expects revenue to
reach £50m for that year. This year the company has already earned an
extra £20m through a three-way deal with Abbey National and Norwich Union,
and chief executive Paul Pindar is confident it will make an extra
£30m.
He said: "We will probably make an extra acquisition by the end of 2001
and are looking for another hefty deal
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