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The Ebix offer, based on approximately 48m Yatra Online diluted shares outstanding, represents an 84% premium to Yatra Online's closing share price of USD 3.80 as of March 8, 2019.
Robin Raina, chair of the board, president & CEO, Ebix Inc, said, 'Over the last five years, Ash has led the growth that Ebix has experienced in North America, in the area of Life insurance exchanges.
New Delhi [India], May 1 ( ANI ): Ebix, a 2.5 billion dollar corporation headquartered in Georgia, USA, which is listed on NASDAQ, has announced its 11th acquisition in India in less than a year.
Nasdaq-listed Ebix Inc and Bombay Stock Exchange (BSE) have signed a Memorandum of Understanding (MoU) to set up a joint venture to develop an insurance distribution network in India.
Financial investors, including Matrix Partners, Lightspeed Venture Partners and Intel Capital, exited their investments and there was also issue of fresh equity to Ebix, ItzCash's chief growth officer Bhavik Vasa said.
An international supplier of On-Demand software and E- commerce services to the insurance industry, Ebix, Inc., (Nasdaq:EBIX) provides end-to-end solutions ranging from infrastructure exchanges, carrier systems, agency systems and BPO services to custom software development for all entities involved in the insurance industry.
Atlanta-based Ebix said it was notified of the investigation in a letter that it received on June 14 from the U.S.
In order to facilitate Ebix's shift into a private company, Ebix shareholders will receive $20 per share in cash.
16 November 2011 - US e-commerce services supplier Ebix (NASDAQ:EBIX) on Wednesday said it had acquired online health exchange HealthConnect Systems Inc without disclosing the value of the transaction.
(Respondents can choose multiple answers) Answer options Response percent Applied Systems 40.3% Choices software 0.5% EBix 1.1% Quickfile 2.0% Strategic Insurance software 1.6% Vertafore 34.6% XDimensional 0.9% Not sure 2.4% Other 18.4%
Other vendor systems, such as Ebix's unified direct-bill inquiry system, AMS Service's TransactNow, Strategic Insurance Software Inc.'s SEMCI Partner, and Applied Systems' use of Ivans Transformation Station, have made huge leaps into the insurance industry.
ebix.com's Web-enabled service provides cutting edge e-commerce tools to independent agents and enables them to better use the Internet.
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- EBIT Shareholder Value Added
- EBITDA Margin
- EBITDA/enterprise value ratio