April 3, 2018 / 11:49 AM / 18 days ago

BRIEF-Ebix To Acquire CentrumDirect Ltd

April 3 (Reuters) - Ebix Inc :

* EBIX TAKES LEADERSHIP POSITION IN INDIA’S FOREIGN EXCHANGE AND OUTWARD REMITTANCE MARKETS WITH AGREEMENT TO ACQUIRE CENTRUMDIRECT LIMITED

* INTENDS TO FUND ENTIRE TRANSACTION IN CASH, USING ITS EXISTING BANK LINE AND INTERNAL CASH RESERVES

* EXPECTS ACQUISITION TO BE IMMEDIATELY ACCRETIVE TO ITS EARNINGS AND FORECASTS IT TO GENERATE $0.25 IN INCREASED DILUTED EPS​ Source text for Eikon: Further company coverage:

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