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News: Japan's Persol makes $600 mln bid for Australian recruiter Programmed Maintenance

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    14/07/17
    10:20
    Post #: 25862625

    SYDNEY, July 14 (Reuters) - Japanese recruitment company Persol Holdings Co Ltd <2181.T> has made a A$778 million ($600 million) takeover bid for Australian recruiter Programmed Maintenance Services Ltd (PRG), the target company said on Friday.

    The Programmed Maintenance board said it unanimously recommended the all-cash offer of A$3.02 per share, a 68 percent premium to Thursday's closing price of A$1.80.

    ($1 = 1.2922 Australian dollars)

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