Brief: Ebix acquires inward international remittance business from Wall Street Finance Limited

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17/08/2017 15:34

Aug 17 (Reuters) - Ebix Inc  EBIX.O : 
    * Ebix signs agreement to acquire inward international 
remittance business from Wall Street Finance Limited (BSE: 
WSFIN) 
    * Deal for $7.4 million 
    * Acquisition once approved, is expected to be accretive to 
EBIX earnings immediately 
    * Funded transaction using its internal cash reserves 
    * Agreement while approved by Wall Street Board, is subject 
to its shareholders approval 
 
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