9 Dec 2015 18:46
(ShareCast News) - Xchanging shares surged on Wednesday after the business outsourcer said its board intends to unanimously recommend the cash offer from technology consulting company Computer Sciences Corp and withdraw its recommendation of the offer from London-listed peer Capita. The CSC offer pr
Read more(ShareCast News) - Outsourcing group Capita appears set to win the race for Xchanging as Apollo Investment Fund has dropped out. "Apollo Investment Fund VIII, L.P. has notified Xchanging that it is no longer interested in potentially making an offer." On 14 October, outsourcing group Capita said th
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