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Programmed Maintenance sells marine fleet for $25m

Jessica Gardner
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Labour hire and maintenance group Programmed has agreed to sell its marine fleet acquired through its merger with Skilled for $25 million, with the proceeds to be used to repay debt.

In a rough day that led the S&P/ASX 200 down for the fourth day in a row, Programmed shares fell as much as 3 per cent.

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    Original URL: https://www.afr.com/markets/equity-markets/programmed-maintenance-sells-marine-fleet-for-25m-20160107-gm0u01