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Iress rejects bid by private equity firm

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Adviser tech provider Iress has rejected a bid by a private equity firm to buy the company, saying it did not offer value to shareholders. The bid was submitted by private equity firm EQT and it valued Iress, which is based in Australia, at A$14.80 (£7.80) per share. This would…

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Click here to read the full story: FT Adviser

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