The GO2 People (ASX:GO2) to acquire Skill Hire Australia
Source: Business News
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The GO2 People (GO2) has entered into a share purchase agreement to acquire WA-based employment services provider Skill Hire Australia
GO2 s latest acquisition is pegged to bring about a number of key benefits, driving shareholder value and creating a platform for future growth
Under the deal, which does not require a capital raise, a consideration component will be paid out of Skill Hire s pre-acquisition cash balance
This includes the issue of shares to Skill Hire shareholders at an exercise price above 20 cents, which will represent 50 per cent of GO2 s issued capital