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Service Stream targets infrastructure scale with $975 million Programmed deal
9:04am on Monday 9th of November, 2026 AEDT
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Infrastructure Services
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Service Stream targets infrastructure scale with $975 million Programmed deal
9:04am on Monday 9th of November, 2026 AEDT
Key Points
$975 million acquisition of Programmed from Persol Asia Pacific
$475 million fully underwritten equity raising at $2.03 per share
More than 20% forecast FY27 EPS-A accretion including $30 million synergies
Combined pro forma FY26 revenue of $6.155 billion
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Service Stream (ASX:SSM)
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