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IOOF (ASX:IFL) share price higher on transformational acquisition update

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The IOOF Holdings Limited (ASX: IFL) share price is on the move this morning.

At the time of writing, the financial services company’s shares are up 1.5% to $3.59.

Why is the IOOF share price climbing?

Investors have been buying IOOF’s shares following the release of an announcement



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