CSC receives US approval for Xchanging takeover

Computer Sciences Corporation (CSC) has satisfied US takeover
regulations for its pending acquisition of London back office
outsourcer and software firm Xchanging.
The company must now meet the conditions of the European
Commission, the UK Financial Conduct Authority and German banking
regulators before the takeover is wholly unconditional.
CSC effectively won the bidding war for Xchanging after the
deadline for Ebix to submit a formal offer lapsed on 6
February.
As previously reported by The In