Pro­grammed of­fer

The West Australian - - WESTBUSINESS -

Pro­grammed Main­te­nance Ser­vices says it will pay a spe­cial div­i­dend of 16¢ a share as part of a pro­posed $992 mil­lion takeover by Japan’s Per­sol Hold­ings. The div­i­dend amount means Per­sol would pay share­hold­ers $2.86 a share if the deal is ap­proved. Pro­grammed also said an in­de­pen­dent ex­pert’s re­port found the of­fer was fair and rea­son­able.

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