UK mortgage business

  • Iress divests its UK mortgage business to Bain Capital for £85m

    SYDNEY, AUSTRALIA: Iress Limited (IRE: ASX)has entered into a binding agreement to divest its UK Mortgage Sales & Originations business to Bain Capital Tech Opportunities LP for a total cash consideration of £85m. The sale marks a significant advancement in Iress’ transformation strategy to divest non-core assets and strengthen its balance sheet. Iress’ Mortgages…

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