By Pamela Barbaglia
LONDON, Sept 3 (Reuters) - CVC Capital Partners has no plans
to launch a takeover bid for British outsourcer Capita
and is only looking at specific units that the company is hiving
off, a source with knowledge of the matter told Reuters.
Capita has reached out to CVC and other buyout funds to
solicit bids for its Education Software Solutions (ESS) unit
which was put up for sale in June, the source said.
Shares of Capita jumped as much as 14% to the top of
London's mid-cap index on Thursday after a report
claimed that the London-based buyout fund was interested in
buying the entire business.
Capita and CVC had no immediate comment.
(Reporting by Pamela Barbaglia; editing by Jason Neely)