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IVE to acquire Salmat Marketing Solutions and Reach Media New Zealand

IVE Group Limited (ASX:IGL) announced today that it has entered into an agreement to acquire Salmat Marketing Solutions, the Australian catalogue distribution business of Salmat Limited (ASX:SLM), for consideration of $25 million.

The transaction includes the acquisition of Reach Media NZ Limited, Salmat’s catalogue distribution business in New Zealand.

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