IRE iress limited
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Iress to acquire Lucsan

  1. FNN News
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    04/04/18
    10:56
    Post #: 32208865
    .

    Trading software company Iress, (ASX:IRE) has announced it will acquire regtech and data analytics provider Lucsan.

    Iress made a minority investment in the business last year.

    The company says Lucsan has a solid product proposition and is experiencing demand from the industry.

    Iress says the purchase price is not material and the transaction should complete mid-April 2018 subject to conditions.

    Shares in Iress (ASX:IRE) are trading 3.06 per cent lower to $9.18.
     
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