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Previously effective September 1 2015 Ebix and IHC formed a joint venture named EbixHealth JV. Ebix paid 6. In the EbixHealth JV from IHC constituting eleven percent 11 of the EbixHealth JV for 2. 0 million cash which resulted in Ebix holding an aggregate fifty-one percent 51 controlling equity interest in the EbixHealth JV. Ebix is fully consolidating the Effective September 1 2015 Ebix and IHC formed the joint venture EbixHealth JV as defined in Note 3. Effective July 1 2016 Ebix and...
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