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Service Stream Launches Raising to Fund Programmed Acquisition

Service Stream has agreed to acquire Programmed from Persol Asia Pacific for $975 million, substantially expanding its operations across Australia and New Zealand. The headline reports a raising to fund the acquisition.

SSM

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01:26:08 AM UTC
SquawkNews
Service Stream Limited ASX:SSM

Service Stream ASX:SSM has agreed to acquire infrastructure and facilities services provider Programmed for $975 million, substantially expanding its operations across Australia and New Zealand.The binding transaction with Persol Asia Pacific will add facility management, property services, industr…

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