Persol Denies Australian Media Report on Planned Unit Divestment

MT Newswires Live

Jun 11

Persol (TYO:2181) has refuted a recent report by The Australian Financial Review claiming the company is considering divesting its Programmed business in Australia, according to a Tokyo bourse filing on Thursday.

The human resources firm said while it is undertaking a review of portfolio optimization for its Asia Pacific Strategic Business Unit (SBU), it emphasized that no decision has been made at present.

The company has not confirmed any plans regarding a potential divestment of the Programmed business.

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