MANAGEMENT

Persol picking up Programmed

RESOURCES-focused labour hire firm Programmed is on the cusp of being taken over by Japanese company Persol in a $3.02 a share takeover.

Noel Dyson
Programmed's board has backed a $3.02 a share takeover offer from Persol.

Programmed's board has backed a $3.02 a share takeover offer from Persol.

Persol’s offer, at a 68% premium to the $1.80 price of Programmed shares on July 13; a 64% premium to the one-month volume weighted average price; and a 69% premium to the three-month VWAP, has been backed...

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