Q: I saw news item suggesting Information Services was up for sale. Any truth to this?
5i Research Answer:
The Globe and Mail reported on the weekend that Queensland Investment Corp (QIC) and Macquarie were in "talks" with ISC on a possible acquisition, of "at least" $60 per share. OMERS is also said to be interested. ISC has not put out any of its own information at this time, and has declined to comment to the Globe & Mail.