January 4, 2018 / 6:07 PM / in 10 months

BRIEF-Ebix Signs Agreement To Acquire Inward International Remittance Business From Transcorp International

Jan 4 (Reuters) - Ebix Inc:

* EBIX SIGNS AGREEMENT TO ACQUIRE INWARD INTERNATIONAL REMITTANCE BUSINESS FROM TRANSCORP INTERNATIONAL LIMITED (BSE:TRANSCOR.BO)

* EBIX INC - DEAL FOR ‍APPROXIMATELY $7.4 MILLION​

* EBIX - DEAL EXPECTED TO BE ACCRETIVE TO EBIX EARNINGS IMMEDIATELY.

* EBIX INC - ‍FUNDED TRANSACTION USING ITS INTERNAL CASH RESERVES​ Source text for Eikon: Further company coverage:

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