Ebix still considering rival Xchanging bid
Insurance software specialist Ebix is still considering an offer
for Xchanging, despite the UK outsourcer agreeing a 190p a share
cash deal to be bought by Computer Sciences Corporation (CSC).
The third party still in the bid process, Capita, does not
intend to revise its previously announced 160p a share offer for
Xchanging, however, it confirmed in a statement.
US firm Ebix was the last of the potential bidders to enter the
fray as it tabled a 175p a share...
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