Randstad counts $ 3.40 per share in cash down for more than forty countries active Monster.
The Dutch staffing company mainly sees Samples technological solutions for linking job seekers and employers welcome addition the organization. Monster will independently continue to operate under its own name.
It’s been another deal Randstad quickly. Thus, the group in June took over the freelance marketplace Twago and his Japanese rival Careo Group. In late May the acquisition of the Italian broadcasting company Obiettivo Lavoro was reported.
High speed
For now, anything done with that high rate of successive mergers and acquisitions, as the broadcaster announced. Next time, the focus at Randstad especially fitting all newly acquired companies.
The incorporation of Monster Worldwide must still be approved by regulators. Randstad expects to finalize the deal in the fourth quarter of this year. The acquisition will be financed through existing credit facilities.
Monster ended quarter accounted for revenue from continuing operations of nearly $ 151 million, also was announced Tuesday. Thereby was partly due to a large facility that had to take the company over $ 124 million net loss
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