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James Hay parent IFG Group in takeover talks

James Hay parent IFG Group is in takeover talks after receiving an approach from an unidentified buyer. 

In a stock exchange announcement today, IFG confirmed the approach and said it may or may not lead to an offer to buy the entire company.

IFG says shareholders should note the approach is ”highly conditional and preliminary in nature”.

On Tuesday, IFG Group chief executive Mark Bourke revealed he will be leaving next April after 13 years at the helm.


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