The IVE Group (ASX:IGL) complete acquisition of Salmat Marketing Solutions

  • Home
  • Company News
  • The IVE Group (ASX:IGL) complete acquisition of Salmat Marketing Solutions
03Jan

The IVE Group (ASX:IGL) complete acquisition of Salmat Marketing Solutions

 

The IVE Group (ASX:IGL) has completed the acquisitions of Salmat Marketing Solutions and Reach Media New Zealand, the Australian and New Zealand catalogue distribution business of Salmat (ASX:SLM).

This transaction was originally announced to the market on 25th November 2019.

Salmat currently provides a wide range of back office solutions through their Philippines-based Managed Services business, MicroSourcing.

Reach Media NZ was Salmat’s letterbox and e-catalogue distribution business.

Shares in the IVE Group (ASX:IGL) closed 1.7 per cent higher at $2.46.
 
Copyright 2020 – Finance News Network


Source: Finance News Network

Share this post

Related Posts

05Jul

Stocks of the Hour: Sydney Airport (ASX:SYD), A2 Milk Company (ASX:A2M) & Tabcorp (ASX:TAH)

05 July 2021 - A snapshot of the news that broke today featuring, Sydney Airport (ASX:SYD), A2 Milk Company (ASX:A2M) & Tabcorp (ASX:TAH).

Read More
27Apr

Stocks of the Hour: AMP, TPG & Accent Group

23 Apr 2021 - A snapshot of companies making headlines for the hour, featuring AMP (ASX:AMP), Accent Group (ASX:AX1) & TPG Telecom (ASX:TPG)

Read More
18Mar

The Virgin Australia Group (ASX:VAH) grounds international fleet

18 Mar 2020 - The Virgin Australia Group (ASX:VAH) has today announced they will suspend all international flying for a period of two and a half months in response to the new travel restrictions announced by Government.

Read More
17Jan

Saleable coal production up 15% in Q4 for Yancoal Australia (ASX:YAL)

17 Jan 2020 - Yancoal Australia (ASX:YAL) has released its quarterly activities report for the period ending 31 December 2019.

Read More
06Apr

Cleanaway Waste Management (ASX:CWY) proposed acquisition of Suez Australia

06 Apr 2021 - Cleanaway Waste Management (ASX:CWY) has entered into an agreement with Suez to acquire Suez R&R Australia for $2.52 billion.

Read More
13Nov

GetSwift (ASX:GSW) relocates to Canada

13 Nov 2020 - The Federal Court of Australia will hold a hearing for the proposed scheme of arrangement between tech firm GetSwift (ASX:GSW) and its shareholders today, in the company’s bid to redomicile to Columbia, Canada.

Read More
11Aug

1300 Smiles (ASX:ONT) rebounds after lockdown

11 Aug 2020 - 1300 Smiles (ASX:ONT) emerged from the Covid-19 shutdown reporting net profit down 8 per cent to $7.1 million on sales down 3 per cent to $57.1 million.

Read More
18Sep

Stocks of the Hour: BPM Minerals, Titan Minerals, Cauldron Energy

18 Sep 2024 - A snapshot of the stocks on the move, featuring BPM Minerals (ASX:BPM), Titan Minerals (ASX:TTM) and Cauldron Energy (ASX:CXU).

Read More
23Aug

Stocks of the Hour: Proteomics International Laboratories, Aurumin, Forrestania Resources

23 Aug 2024 - A snapshot of the stocks on the move, featuring Proteomics International Laboratories (ASX:PIQ), Aurumin (ASX:AUN) and Forrestania Resources (ASX:FRS).

Read More
30Sep

Fonterra’s (ASX:FSF) Australian milk production down 8.4% 12 months to July

30 Sep 2019 - Dairy company Fonterra’s (ASX:FSF) Australian milk production decreased 8.4 per cent in July compared to the same period last year. Production for the 12 months to July was also down 8.4 per cent on the previous 12 months. Dairy Australia is forecasting 2019/20 season production to decline by 3 per cent to 5 per cent.

Read More