We are excited to advise that following careful consideration by both organisations, Chandler Macleod Group & Recruit Holdings have entered into an agreement regarding the proposed acquisition of CMG by Recruit. The acquisition will take place through a Scheme of Arrangement, where subject to certain conditions being met, including shareholder & Court approval, Recruit is expected to acquire the shares in CMG by mid April '15 & CMG will become a wholly-owned subsidiary of Recruit.

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