Xero to pay up to $300m for workforce mgmt business
Deal expected to add three percentage points to revenue growth but initially hit ebitda.
Xero has agreed to buy a Danish workforce management platform for €155.7 million ($260m) in cash and shares, plus earnouts .
The ASX-listed company said today it was buying Planday, a platform which helps businesses manage and forecast labour costs. The company, founded in Copenhagen in 2004,
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