Withdrawal could pave the way for Capita takeover
Private equity house Apollo is no longer interested in buying Xchanging, the outsourcing firm announced this morning.
This could pave the way for rival outsourcer Capita’s 160p-a-share bid to succeed.
Xchanging’s board had recommended Apollo’s offer “in the absence of a higher offer”.
The first closing date for Capita’s offer is 16 November.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
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