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IRESS LIMITED — M&A Activity 2020
Sep 6, 2020
65141_rns_2020-09-06_86dba4dc-6f07-4e34-875c-5b5a7c9ac8df.pdf
M&A Activity
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ASX Release 7 September 2020
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OneVue acquisition - ACCC
The Australian Competition and Consumer Commission (ACCC) has today notified Iress (IRE.ASX) that it will not oppose the proposed acquisition of 100% of the outstanding shares in OneVue Holdings Limited (OVH.ASX).
This satisfies the ACCC condition in the Scheme Implementation Agreement.
This follows approval of the distribution of the Scheme Booklet to OneVue shareholders by the Federal Court of Australia and the registration of the Scheme Booklet with the Australian Securities and Investments Commission (ASIC), as announced to the ASX by OneVue on Friday, 4 September 2020.
The Scheme Meeting will be held virtually at 10.30am (Sydney time) on Friday, 9 October 2020.
Ends
For further details, please contact:
Investors
Media
Andrew Walsh Coran Lill +61 2 8273 7000 +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.
7 September 2020 - Iress - OneVue - ACCC - 1