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Ebix Inc Acquires TriSystems Ltd


Wednesday, 15 Aug 2012 07:30am EDT 

Ebix Inc announced that it has acquired London based TriSystems Ltd., a online insurance trading hub that facilitates commercial insurance and reinsurance transactions between London intermediaries and insurance companies. Ebix expects the transaction to be immediately accretive to Ebix Earnings per Share (EPS). Ebix disclosed that it funded this transaction completely in cash. No Ebix shares were issued and no investment bankers were involved in the transaction. 

Company Quote

12.53
-0.38 -2.94%
11 Jul 2014