Brief: Ebix Provides A Strategic Update

Ebix

06/07/2023 14:45

July 6 (Reuters) - Ebix Inc  EBIX.O :
    * EBIX PROVIDES A STRATEGIC UPDATE
    * EBIX INC: PROGRESSING FORWARD DILIGENTLY WITH ITS PLAN TO
COMPLETE AN INITIAL PUBLIC OFFERING OF ITS EBIXCASH SUBSIDIARY
IN INDIA
    * EBIX INC - IS IN ADVANCED STAGES OF A PART-ASSET SALE
EXERCISE,
WITH MULTIPLE BIDDING PARTIES
    * EBIX INC: EBIXCASH INTENDS TO ANNOUNCE A IPO LISTING DATE
PUBLICLY AS SOON AS IT HAS REQUISITE APPROVALS IN PLACE
    * EBIX INC - HAS RECEIVED BIDS FROM A MIX OF STRATEGIC AND
FINANCIAL BIDDERS WHO HAVE ALREADY COMPLETED SUBSTANTIAL DUE
DILIGENCE

Source text for Eikon:  ID:nGNX8JLD02 
Further company coverage:  EBIX.O 

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