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PeopleIN Divests $20.25M Healthcare Units to Sharpen Defence and Trades Focus

7:02pm on Thursday 18th of December, 2025 AEDT Staffing and Employment Services
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PeopleIN Divests $20.25M Healthcare Units to Sharpen Defence and Trades Focus

7:02pm on Thursday 18th of December, 2025 AEDT
Key Points
  • Divestment of First Choice Care and Edmen for $20.25 million
  • Sale price represents 6.2 times FY25 earnings pre-AASB16
  • Net debt projected to fall to zero post-transaction
  • Capital to be redeployed into Defence, Engineering, Trades, and Labour sectors
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