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FIS to Sell Majority Interest in Capco Consulting Business to Clayton, Dubilier & Rice

Key facts:

  • Capco to become an independent company.
  • FIS will receive cash proceeds of $477 million.
  • CD&R to acquire 60 percent equity interest; FIS to retain 40 percent.

FIS™ (NYSE: FIS), a global leader in financial services technology, and Clayton, Dubilier & Rice (CD&R) today announced a definitive agreement in which FIS will sell a majority ownership stake in Capco to CD&R, establishing Capco as an independent company.

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