UPDATE 1-Tribal sells govt, health units to Capita | Reuters

UPDATE 1-Tribal sells govt, health units to Capita Reuters Mon Apr 11, 2011 3:28am EDT April 11 (Reuters) - British outsourcing and consultancy firm Tribal Plc agreed to sell its government and healthcare units to Capita for 15.87 million pounds ($25.6 million), as it looks to focus on its education business. Shares of Tribal rose 4.4 percent to 40.5 pence at 0711 GMT on Monday on the London Stock Exchange. The sale of the loss-making units comes nearly four months after the company was approached about a possible offer. The sale will allow Tribal to focus on the education and training markets in the UK and internationally. The segment provides a range of technology, inspection and other professional support services to the education sector. Tribal, which has been in an offer period since December, had received an offer for its education business from software and IT services firm Civica, the Sunday Times had reported in March. [ID:nLDE72Q09S] Civica is owned by private equity firm 3i .