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Work Service to buy remaining stake in Prohuman

20:02

WSE-listed HR company Work Service signed a deal to buy the remaining 25 percent in Hungarian Prohuman, Work Service said in a market filing. The transaction will be payable in three tranches and will be worth HUF 4.97 billion and PLN 20.5 million with the last installment to be paid by November 27. The transaction will be financed from the private share issue. After the deal is finalized, Work Service will control 100 percent stake in the company. The agreement replaces a previous one from December 2016.

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