Australia's Seek eyes jumps on sale of Latin American assets

SEEK

05/06/2024 02:02

** Shares of Seek  SEK.AX  rise as much as 3.6% to A$23.50,
on track for their best day since April 22 if gains hold
    ** Employment marketplace provider hits highest level since
May 22
    ** Co to sell its Latin American assets, consisting of 98.2%
interest in OCC Mexico and 100% interest in Catho Online
    ** Says sale to employment marketplaces operator Redarbor
for $85 mln
    ** Stock down 15.2% YTD, as of last close

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))