Market	Type	Industry	Raised	Date
AIM	Acquisition	Insurance	£83,000,000	Oct 2008

CONTACTS

CEO: David Andrews +49(0)69 120 120

ADVISERS

Clifford Chance
Simon Tinkler 020-7600 1000	200 Aldersgate Street London EC1A 4JJ

COMMENT

UK outsourcing group Xchanging Plc (info@xchanging.com) has acquired a 75 per cent stake in India’s Cambridge Solutions, an international BPO and IT services provider, for some £83 million in a cash-and-shares deal.

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