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MRI Software completes acquisition of PropTech Group (ASX:PTG)

Combined solution suite is positioned to meet growing consumer expectation for one agency to handle their property needs for life SYDNEY, Feb. 22, 2023 /PRNewswire/ MRI Software, a global leader in real estate software solutions, announces its $93.4 million stock acquisition of PropTech Group (ASX:PTG) is now complete. The highly anticipated deal, first announced last year,secured approval from the Australian Competition and Consumer Commission (ACCC), Foreign Investment Review Board (FIRB), and Federal Court of Australia earlier this month. David Bowie, Vice President for MRI Software in Asia Pacific officially welcomes PropTech Group to the Australia and New Zealand, and global MRI team, from today. The property technology (PropTech) industryhasexperienced extraordinary growth in Australia with an influx of new providers and innovation over the last several years. In acquiring PTG, MRI complements and strengthens its MRI Living suite of residential sales and property management sol ....

New Zealand , New South Wales , Heather Jones , Joe Hanna , Asia Pacific , David Bowie , Software In Asia Pacific , Proptech Group , Eagle Software , Australian Stock Exchange , Consumer Commission , Australian Competition , Foreign Investment Review Board , Federal Court , Vice President , Senior Vice President , Executive Managing Director , Scheme Implementation Deed , Australian Securities Exchange , Combined Solution Suite Is Positioned To Meet Growing Consumer Expectation For One Agency Handle Their Property Needs Life Sydney , Feb 22 , 023 Prnewswire Mri Software , A Global Leader In Real Estate Software Solutions , Nnounces Its 93 4 Million Stock Acquisition Of Proptech Group Asx Ptg Is Now Complete The Highly Anticipated Deal , Irst Announced Last Year , Secured Approval From The Australian Competition And Consumer Commission Accc ,

Origin Energy bidders Brookfield and EIG Partner trim offer price to $8.90 a share

Shares in Origin jumped almost 14 per cent after Brookfield and EIG Partners cut their bid by a modest 10 cents per share, despite intervention in energy markets. ....

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