IRE 1.78% $8.01 iress limited

March 15 (Reuters) - Iress Ltd (IRE) : I‭ RESS TO SELL ITS UK...

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    March 15 (Reuters) - Iress Ltd (IRE) :

    • I‭ RESS TO SELL ITS UK MORTGAGES BUSINESS FOR ‭£85M
    • DEAL FOR $A164.3M
    • NET PROCEEDS FROM SALE TO BE USED TO RETIRE DEBT, SIGNIFICANTLY DELEVERAGING IRESS
    • ENTERED INTO A BINDING AGREEMENT TO DIVEST ITS UK MORTGAGE SALES & ‭ORIGINATIONS BUSINESS TO BAIN CAPITAL TECH OPPORTUNITIES LP

    (([email protected];))

 
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