5 million.
The sale was announced earlier this week but is still waiting approval from the Jersey Financial Services Commission, their Guernsey counterparts and the Jersey Competition Regulatory Authority.
Capita Fiduciary’s chief executive, Anthony O’Keeffe, explained that the acquisition would reinforce the group’s commitment to Jersey and its finance sector.
Mr O’Keeffe said: ‘The acquisition is a natural fit for Capita in terms of our client base, client services and professional staff.
