Capita extends Xchanging offer

UK outsourcer Capita has extended its 160 pence per share cash
offer for Xchanging after it had commitments for just under 24
percent of the insurance technology company at the closing date of
its initial bid.When the curtain came down on its initial offer period at 1pm GMT
today (16 November), Capita's offer had only been accepted by
around 14 percent of shareholders.When added to the 9.99 percent stake it already holds, Capita was
left with a commitment...