27-04-2016 10:52 via insuranceinsider.com

CSC passes another hurdle in Xchanging acquisition

Computer Sciences Corporation (CSC) announced yesterday (26 April)
that it had received approval from the UK's Financial Conduct
Authority to acquire software services provider Xchanging.
The deal is now conditional on the German regulator Bafin
confirming it has no objections to the proposed acquisition.
The firm satisfied US takeover regulations in February, and
achieved a green light from the European Commission in March.
CSC became the sole bidder for Xchanging after insurance
software speci
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