Xchanging plc News

Xchanging Urges Shareholders to Accept CSC Bid; No Superior Bid Expected

Outsourcing company Xchanging Plc said it did not expect a superior cash offer from Ebix Inc and urged shareholders to accept a bid from U.S.-based Computer Sciences Corp. Insurance software company Ebix had in November made a 450 million pound …

Computer Sciences Corp Wins Bidding War for Xchanging for $721 Million

Technology consulting company Computer Sciences Corp (CSC) will buy Xchanging Plc for about £480 million ($721 million), the companies said, beating out other suitors in a bidding war for the insurance-focused outsourcing company. The cash offer of 190 pence [$2.86] …

UK’s Xchanging Receives Takeover Offer from Software Maker Ebix for $684M

Insurance software maker Ebix Inc said it made a 450 million-pound ($684 million) takeover approach for Xchanging Plc, making it the latest company to show an interest in the provider of services to the Insurance industry. Xchanging’s shares rose as …

UK’s Xchanging Receives Takeover Bid from Computer Sciences Corp. for $640M

Outsourcing company Xchanging Plc , which has already accepted a takeover offer from Capita Plc, has received a proposal from U.S.-based Computer Sciences Corp., which values the company at about 421 million pounds ($640 million). Shares in Xchanging – which …

Xchanging Strengthens APAC Ties with New Office in Singapore

Xchanging plc, the business process, procurement and technology services provider, announced an expansion of its presence in Singapore, with the opening of a second office “in the heart of the city’s thriving insurance hub. Located in Tower 2, Asia Square, …