EBIX - Ebix reaffirms business outlook receives inbound interest for investments
- Software company Ebix ( NASDAQ: EBIX ) reaffirmed its business outlook, having said it received inbound interest for investments.
- The company said several strategic and institutional international players are interested in making investments into the company and/or its subsidiaries, and the independent board's strategic investment committee will evaluate the offers.
- EbixCash, the company's Indian unit, is exploring interest from a few international players in taking a minority investment in the company. The unit is also expected to file for an IPO in the near term.
- Also, the company has engaged some international bankers to refinance its existing loan facilities.
- EBIX shares were trading +0.80% pre-market.
- Source: Press Release
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Ebix reaffirms business outlook, receives inbound interest for investments