IRESS Ltd (ASX:IRE) Announces Acquisition of INET BFA in South Africa
IRESS Ltd (ASX:IRE) today announced it has entered into an agreement to acquire INET BFA, an established South African provider of market data, analysis tools and financial data feeds, for a cash purchase price of R149.6 million (A$14.0m). INET BFA is a long-standing data and software vendor, owned by South African publisher Media24.