SEEK Receives Proceeds From Completion of Zhaopin Transactio
Melbourne, Oct 6, 2017 AEST (ABN Newswire) - SEEK Limited (
ASX:SEK) (SKLTY:OTCMKTS) advises that it has received proceeds of cUS$176 million in relation to the Zhaopin transaction. The total proceeds are split between:
- cUS$64 million relating to proceeds from the special dividend as part of transaction consideration; and
- cUS$112 million relating to a capital return.
To view the table for the changes to SEEK's balance sheet, please visit:
http://abnnewswire.net/lnk/2T9S48A9
About SEEK Limited
SEEK Limited (ASX:SEK) (OTCMKTS:SKLTY) is a diverse group of companies, comprised of a strong portfolio of online employment, educational, commercial and volunteer businesses. SEEK operates across 18 countries with exposure to over 2.9 billion people and approximately 26 per cent of GDP. SEEK makes a positive contribution to people's lives on a global scale. SEEK is listed on the Australian Securities Exchange, where it is a top 100 company with a market capitalisation close to A$6billion and has been listed in the Top 20 Most Innovative Companies Globally by Forbes, and Number One in Australia.
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