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IRESS LIMITED — M&A Activity 2020
Nov 5, 2020
65141_rns_2020-11-05_9e0c947b-5298-44fc-8270-7bb1a6d4e1b2.pdf
M&A Activity
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ASX Release 6 November 2020
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Completion of OneVue acquisition
On 1 June 2020, Iress (IRE.ASX) announced it had entered into a Scheme Implementation Agreement with OneVue Holdings Limited (OneVue) under which Iress would acquire 100% of the outstanding shares of OneVue (the Scheme).
Iress is pleased to announce that the Scheme has been successfully implemented today.
Iress chief executive, Andrew Walsh, said: “A combined Iress and OneVue will bring advice and investments closer together, leveraging combined strengths in the administration of managed funds, superannuation and investment, along with our position in technology and data.
“I warmly welcome the people and clients of OneVue to Iress. I thank the OneVue Board, management and people of OneVue, for their continued focus during the acquisition process. I am pleased the founder and chief executive of OneVue, Connie McKeage, is joining Iress as a strategic consultant as part of the plans in place for a smooth transition.”
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For further details, please contact:
Investors Media [email protected] Coran Lill +61 468 963 068
About Iress
Iress (IRE.ASX) is a technology company providing software to the financial services industry.
We provide software and services for trading & market data, financial advice, investment management, mortgages, superannuation, life & pensions and data intelligence.
Our software is used by more than 9,000 businesses and 500,000 users globally. We have over 2,000 people based in Asia-Pacific, North America, Africa, the UK and Europe.
6/11/2020 - Completion of OneVue acquisition - 1