trending Market Intelligence /marketintelligence/en/news-insights/trending/Iz77GvMunQ7VYlQAJN4mOw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

ASX to sell entire stake in IRESS

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor


ASX to sell entire stake in IRESS

ASX Ltd. is selling its 18.6% stake in IRESS Ltd. for expected gross proceeds of A$385 million, or A$11.95 per share.

The exchange operator expects to book a post-tax gain of A$161 million from the sale, according to a Feb. 25 release.

As of Dec. 31, 2018, ASX's investment in IRESS was valued at A$357.9 million, or A$11.12 per share. It made the investment in IRESS in 2000.

UBS AG's Australian branch will act as sole lead manager, underwriter and book runner for the transaction.