The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Thursday: ** Goldman Sachs Group Inc affiliate plans to spend $743 million to purchase Ebix Inc, an insurance software provider that has been a target of allegations from short-sellers about inaccuracies in its financial statements.** Ireland's "bad bank" has sold its first portfolio of Irish commercial property loans to a consortium led by private real estate investor Starwood Capital Group, but the National Asset Management Agency declined to say what discount it gave. The Irish Times newspaper reported the portfolio of loans backed by 30 office and retail properties sold for around 200 million euros ($264 million), a quarter of its par value of 800 million.
Ebix, Inc. (Ebix) is an international supplier of software and e-commerce solutions to the insurance industry. Shares of EBIX fell by 0.29% or $-0.06/share to $20.54. In the past year, the shares have traded as low as $12.08 and as high as $24.90. On average, 584739 shares of EBIX exchange hands on a given day and today's volume is recorded at 155233.
The Goldman Sachs Group, Inc. (Goldman Sachs) is a bank holding and a financial holding company. Shares of GS fell by 0.69% or $-0.99/share to $141.62. In the past year, the shares have traded as low as $90.43 and as high as $159.00. On average, 4335510 shares of GS exchange hands on a given day and today's volume is recorded at 260431.
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