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Tuesday, October 20, 2009
9:19 AM TweetThis
  • Shares of MPS Group (MPS) +22% premarket after its Swiss rival, Adecco - the world's largest staffing company - said it would buy MPS for $13.80/share - a 24% premium to its Monday close. Analysts say the deal is in line with Adecco's strategy to strengthen its high-margin professional staffing business.
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This news story has 1 comment:

  •  
    It will be interesting to see what effect this has on Adecco, and their competition. WIth temp services and staffing services becoming some of the world's largest "employers", this sort of consolidation is a well-established trend.
    Oct 20 09:37 AM | Link | Reply
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