CSC edges closer to Xchanging takeover with EC approval

Computer Sciences Corporation (CSC) has cleared another hurdle in
its pending acquisition of Xchanging after receiving European
Commission approval for the deal.
The firm satisfied US takeover regulations in February, but must
still meet the conditions set by the UK Financial Conduct Authority
(FCA) and German banking regulators before the transaction is
wholly unconditional.
CSC became the sole bidder for Xchanging after insurance
software specialist Ebix allowed a 6 February deadline for makin