Australia's Objective rises on deal to buy software provider

Objective

01/07/2025 01:55

** Objective Corporation OCL.AX rises as much as 3.5% to A$19.830, highest since June 4

** Software co signs agreement to buy Isovist, which provides software to local government across Australia and New Zealand

** Says consideration is an enterprise value of NZ$5 mln (~$3 mln)

** YTD, OCL gains more than 20%

($1 = NZ$1.6415)

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))