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News: CGR CML Group enters into a binding heads of agreement with Ayers Management Pty Ltd

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    04/07/16
    11:30
    Post #: 18185584

    July 3 (Reuters) - CML Group Ltd (CGR) :

    • CML to sell payroll business (CGR)
    • Entered into a binding heads of agreement with Ayers Management Pty Limited to sell its payroll business, Lester Associates
    • Says estimated the sale will deliver to CML around $3.5 million in cash
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