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Contracts Database

for IT Services

Track the pattern of service adoption by monitoring IT Services contract awards by your peers. Identify who are the successful vendors this industry now. Updated monthly!

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NelsonHall Report

Mergers and Acquisitions

by Dominique Raviart

published on Nov 16, 2015

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Report Overview:

Report Outline:

EBix Inc has sent a letter to Xchanging board to acquire Xchanging capital for 175 pence per share in cash, representing £450m ($685m). Ebix’ offer is subject to due diligence.

The offer is higher than the offers of Capita (160 pence per share) and of CSC (170 pence per share).

British laws requires Ebix to submit a firm intention by December 9, 2015.

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