Japan’s SoftBank swoops on ASX-listed shopping centre cleaning minnow
Nick BonyhadyTechnology writer
SoftBank has agreed to buy the ASX-listed Millennium Services Group in a deal valuing it at $57.2 million as the Japanese investment group aims to put robots to work cleaning Australia’s shopping centres.
Millennium, which was established in 2003, has more than 4700 staff doing cleaning, security and property maintenance around Australia and New Zealand. Its shares opened up 75 per cent on the news.
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