January 11, 2016
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 …
December 9, 2015
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] …
November 16, 2015
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 …
November 13, 2015
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 …