Seek Limited (AU:SEK) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
SEEK Limited has announced a Scheme Implementation Deed to acquire Xref Limited for $0.218 per share in cash, aiming to enhance its HR and recruitment technology offerings. The acquisition, which the Xref board supports, is set to be completed in early 2025 and will be funded through SEEK’s existing debt facilities. This move is expected to bolster SEEK’s strategy of building trust in its employment marketplace.
For further insights into AU:SEK stock, check out TipRanks’ Stock Analysis page.