Oct 14 (Reuters) - iSelect Ltd ISU.AX :
* Update on non-binding acquisition proposal ISU.AX
* Says reiterates that there is no certainty that a proposal will result in a binding offer
* Notes media speculation about identity of private equity firm and confirms that the proposal was received from Providence equity partners
* Reiterates that there is no certainty that such an offer would be recommended by the board of iSelect
* Source text for Eikon ID:nASXbTfc4Q