Millennium Services Group Limited (ASX:MIL) signed an agreement to acquire the business assets of National Cleaning Services Australia Pty Ltd for AUD 3 million in cash on January 20, 2016. Millennium Services paid initial consideration AUD 2 million and will pay remaining AUD 1 million in two installments subject to annual revenue of not less than AUD 7.8 million. The transaction is subject to the successful assignment to Millennium of certain material contracts and it is expected to close in early February 2016.