November 16, 2015 / 2:06 PM / 2 years ago

BRIEF-Xchanging confirms approach from Ebix

Nov 16 (Reuters) - Xchanging Plc :

* Statement re approach from Ebix

* Statement confirming approach from Ebix Inc

* Can be no certainty that any offer will be made by Ebix

* Has received an approach from Ebix regarding an indicative proposal to acquire entire issued and to be issued share capital of xchanging for 175 pence per share in cash Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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