APM Advances Towards Acquisition With Solid Financials

APM Human Services International Limited (AU:APM) has released an update.

APM Human Services International Limited is moving forward with a proposed acquisition by Madison Dearborn Partners at $1.45 per share, with unanimous board and executive support, pending shareholder vote and expert approval. Preliminary unaudited financials indicate revenue and profits in line with expectations, despite a potential impairment charge due to the acquisition. Shareholders will receive detailed information in a forthcoming Scheme booklet.

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