Announced
Completed
Synopsis
British outsourcing company Xchanging Plc agreed to be bought by Computer Sciences Corp for about GBP480m after the U.S. technology consulting company topped an offer from Capita Plc. The cash offer of 190 pence per share represents a premium of about 72% to Xchanging’s closing price on Oct. 2 2015. The deal will give CSC, which has made multiple attempts to sell itself over the years, access to Xchanging’s lucrative insurance business and Xuber software, which caters to the Lloyd’s of London insurance market.
Show Details & Financials
Sort
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.