Nov 19 (Reuters) - Ozforex Group Ltd OFX.AX :
* Unsolicited non binding indicative proposal OFX.AX
* Says notes media speculation regarding the receipt of a preliminary takeover approach
* Says the indicative proposal contemplates an all cash consideration of between $3.50 to $3.70 per Ozforex share
* Board of directors of Ozforex intends to evaluate the indicative proposal
* Says confirms that it has received a preliminary, non-binding, indicative conditional proposal to acquire 100% of the shares of Ozforex
* Says Macquarie Capital (Australia) Limited and Clayton UTZ are advising Ozforex
* Says advises that shareholders do not need to take any action in response to the indicative proposal
* Well positioned to continue to deliver strong growth"
* Ozforex confirms that it has received a preliminary, non-binding, indicative conditional proposal from the Western Union Company (N:WU)
* Source text for Eikon ID:nASX6kLqqx