Iress Says Media Reports on Potential Acquisition Are Unconfirmed; Shares Fall 5%

MT Newswires Live
Nov 25

Iress (ASX:IRE) has acknowledged media speculation about potential acquisition interest but said it cannot confirm reports in The Australian regarding possible price or exclusivity terms, according to a Tuesday Australian bourse filing.

The company is engaging with multiple parties to assess potential proposals and will update the market in accordance with its disclosure obligations, the filing added.

The company's shares fell around 5% in recent Tuesday trade.

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