Australia's IVE Group rises on print business buy, Domino's Pizza Enterprises deal

Ive

03/11/2025 02:51

** Shares of IVE Group IGL.AX rise as much as 6.5% to A$2.97, their highest level since September 9

** Stock marks biggest intraday pct gain since September 8

** Diversified marketing firm agrees to buy Impressu Print from Domino’s Pizza Enterprises DMP.AX for A$13.5 million ($8.77 million)

** Co also signs long-term marketing services supply agreement with DMP; expects more than A$80 mln in revenue from it during initial term

** About 249,259 shares traded so far, 1.6x vs 30-day average

** Stock up 38.1% YTD

($1 = 1.5389 Australian dollars)

 (Reporting by Sneha Kumar in Bengaluru)

 ((Sneha.kumar@thomsonreuters.com;))