PeopleIN to divest Techforce Personnel
Filed with ASX · · 2 pages · English
• Divestment of PPE’s 79.3% stake in Techforce Personnel Pty Ltd for $23.5 million. • A greater than 100% return on investment over four years. • Divestment further strengthens PeopleIN’s financial position, with net debt projected to fall to 1.1x on completion. • Capital to be deployed to pursue highly accretive acquisitions. PeopleIN Limited (ASX: PPE) today announces that it has entered into a
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