June 27 (Reuters) - IOOF Holdings Ltd IFL.AX :
* DIVESTS ITS HOLDING IN ORD MINNETT TO A CONSORTIUM OF PRIVATE INVESTORS LED BY CURRENT ORD MINNETT MANAGEMENT
* SALE CONSIDERATION FOR IOOF'S 70% STAKE IS $115.0 MILLION, EXPECTED TO RESULT IN A POST-TAX PROFIT OF APPROXIMATELY $83 MILLION