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Latest NewsEconomics, government & business

Xchanging announces plans to float on the stock market this year

by Personnel Today 3 Apr 2007
by Personnel Today 3 Apr 2007

Xchanging, the HR outsourcing company that sponsors the Boat Race, has confirmed plans to raise about £150m by floating on the stock market later this month.

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The company has multi-million pound contracts to run the back-office functions, including HR, of the likes of BAE Systems and Alliance Boots.

Xchanging aims to use the money to fund further moves in the rapidly growing business process outsourcing market – worth £5bn in the UK alone. The 153rd Oxford-Cambridge Boat Race takes place this Sunday (7 April).




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Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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