Centrum Group to sell money exchange business to U.S.-based Ebix

(Reuters) - India's Centrum Capital Ltd said on Tuesday the parent Centrum group agreed to sell its money exchange business to U.S.-based Ebix Inc for about 12 billion rupees ($184.60 million).

The entire Centrum Direct team and assets will be transferred to EBIX, Centrum Capital said in a statement. https://www.bseindia.com/xml-data/corpfiling/AttachLive/100a6698-0b2e-4143-9d6d-358cffa83d23.pdf

($1 = 65.0050 Indian rupees)

(Reporting by Vishal Sridhar in Bengaluru; Editing by Subhranshu Sahu)