Peoplein Ltd (ASX:PPE)
A$ 0.885 -0.005 (-0.56%) Market Cap: 92.97 Mil Enterprise Value: 199.20 Mil PE Ratio: 8.85 PB Ratio: 0.59 GF Score: 73/100
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PeopleIn Ltd Acquires FIP Group Holdings Pty Ltd-M&A Call Transcript

Jun 02, 2022 / 11:30PM GMT
Release Date Price: A$3.19 (-2.15%)
Operator

Thank you for standing by, and welcome to the PeopleIn Limited PPE Acquisition Update. (Operator Instructions)

I would now like to hand the conference over to Mr. Ross Thompson, CEO. Please go ahead.

Ross Thompson
Peoplein Limited - CEO

Great. Thank you very much, and thank you, everyone, for taking the time to join the call. It's very much appreciated. And I'm joined by Tracy King, who is our Head of Strategy and worked closely with Declan on getting this deal across the line. And we're very, very excited to announce this morning the acquisition of Food Industry People Group, which is fantastic for us, and it's a key part of our strategy moving forward. So today, I wanted to take the opportunity to provide an overview of the acquisition and also cover off the rationale behind the deal as well, and then open up for any questions. So without further to do, we all track on the presentation. And hopefully, you can see the slides.

So it's 100% share acquisition of FIP. This transaction is subject to conditions and expected to complete by mid

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