Latest It Services Sector News

Iress Ltd confirms early-stage discussions with Blackstone and Thoma Bravo amid acquisition speculation, following a withdrawn A$10.50 per share offer from Blackstone.

Domain Holdings Australia Limited shares are suspended from ASX trading following Supreme Court approval of its acquisition by Andromeda Australia SubCo Pty Limited. This marks a pivotal shift for the online real estate services company.

Domain Holdings Australia has announced an unconditional special dividend following the Supreme Court of New South Wales' approval of its acquisition scheme by CoStar Group. The dividend will be paid in mid-August, marking a key milestone in the takeover process.

Domain Holdings Australia’s acquisition by CoStar Group has been approved by the Supreme Court of NSW, triggering a trading suspension on ASX and setting key payment dates for shareholders.

AMP Limited has announced an ordinary dividend of AUD 0.02 per share for the six months ending June 2025, with a 20% franking credit, payable in late September.

REA Group Ltd has announced a fully franked ordinary dividend of AUD 1.38 per share for the six months ending June 2025, signaling steady shareholder returns amid a competitive real estate services market.

Credit Corp Group Limited reported a robust 14.6% revenue increase and an 85.6% jump in profit after tax for the year ended June 2025, alongside a significant dividend hike.

Domain Holdings Australia has confirmed a one-week delay in the implementation of its proposed CoStar scheme of arrangement, now set for 27 August 2025.

Domain Holdings Australia Limited shareholders have overwhelmingly approved the proposed acquisition by CoStar Group, marking a pivotal step toward the deal’s completion pending court approval.

Babylon Pump & Power has completed two key acquisitions, expanding its water services platform and enhancing earnings with minimal integration risk. These moves position the company for sustained growth in the mining services sector.

Sequoia Financial Group has launched a dedicated AFSL Governance Committee to bolster oversight across its licenses, appointing former ASIC Commissioner Danielle Press as Independent Chair.

Norwood Systems has extended the repayment date on its key loan facility to August 2025, underscoring the critical role this funding has played in securing a major Optus contract and supporting its growth ambitions.