BRIEF-Ebix Provides A Strategic Update

Reuters

2023/07/06

July 6 (Reuters) - Ebix Inc :

* 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: Further company coverage:

((reuters.briefs@thomsonreuters.com;))

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