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XCHANGING SOLUTION LTD: 

SOME POINT TO PONDER FROM U.K.BASED CAPITA PLC FOR AQUIRING XCHANGING PLC U.K

Xchanging , is worth Rs 90 plus in the current mkt..Promoters holding abt 75%.. It will jump Upper Circuit for the next two Trading sessions also..Do not Sell..

The Offer values , the entire issued and to be issued share capital of Xchanging at approximately £412 million, and represents a premium of approximately:
1-44 per cent. to the Closing Price of 111 pence per Xchanging Share on 2 October 2015, being the last Business Day prior to the commencement of the Offer Period;
2-52 per cent. to the average Closing Price of 105 pence per Xchanging Share for the three months ended on 2 October 2015, being the last Business Day prior to the commencement of the Offer Period; and
3-64 per cent. to the average Closing Price of 98 pence per Xchanging Share for the month ended on 2 October 2015, being the last Business Day prior to the commencement of the Offer Period.
The acquisition of Xchanging by Capita is consistent with Capita`s stated strategy of acquiring businesses that build capability in existing operations, allow Capita to enter new attractive industry segments and enhance its future organic growth potential.
4-The Capita Board believes that the acquisition would:
5-position Capita as one of the leading providers of technology-enabled business process services ("BPS") in the attractive international insurance and asset administration industries;
6- provide a stronger platform for Xchanging to accelerate sales growth and to develop its software, technology and procurement solutions under Capita`s stewardship; and
7- enable Capita to secure at least £35 million in cost synergy benefits driven by head office, shared services and IT efficiencies in FY2017, at a cost of around £20 million in the first 12 months after acquisition.
8- The Offer is expected to be immediately earnings accretive for Capita and to deliver returns significantly in excess of Capita`s cost of capital.
Capita is a leading UK provider of technology-enabled customer and business process services ("BPS") and integrated professional support services. With 68,000 people at over 400 sites, including 80 business centres across the UK, Europe, India and South Africa, Capita uses its expertise, infrastructure and scale benefits to transform its clients` services, driving down costs and adding value. Capita is quoted on the London Stock Exchange (CPI.L), and is a constituent of the FTSE 100 with 2014 revenue of £4.4 billion. 
9- Xchanging is a business technology and services provider. Xchanging uses innovation, technology and customer and market insight to provide differentiated solutions to its customers


Hey all broaders., ...the acquirer needs to take 25% of shareholding to make the open offer successful...dis 25% is completely held by public hence offer will not b successful plus the price dey r paying is peanuts....so the price will rise for few sessions...

ICICI Securities Limited  has submitted to the Exchange a copy of Open offer ("Offer") for acquisition of up to 27,850,929 fully paid-up equity shares of face value of INR 10 (Indian Rupees ten) each ("Equity Shares"), representing 25% (twenty five percent) of the fully diluted voting equity share capital of Xchanging Solutions Limited ("Target Company") by Capita plc ("Acquirer") along with Ventura (India) Private Limited, in its capacity as the person acting in concert with the Acquirer ("PAC"), from the Public Shareholders of the Target Company. Save and except for the PAC, no other person is acting in concert with the Acquirer for the purpose of this Offer.

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