Adecco To Acquire MPS For $13.80/Share Cash; Deal Worth $1.3 Billion
20 10월 2009 - 2:21PM
Dow Jones News
Adecco SA (ADEN.VX) will acquire U.S.-based staffing firm MPS
Group Inc. (MPS) for $1.3 billion in cash, the two firms said
Tuesday.
The Swiss job placement firm will pay $13.80 per common share
for MPS, in a transaction which has been unanimously approved by
MPS' board of directors.
Adecco, which will finance the deal through cash resources as
well as financing, expects to close the deal in the first quarter
of 2010.
The purchase price represents a 24% premium over $11.14, which
is where MPS closed Monday.
Company Web site: http://www.adecco.com
-By Katharina Bart, Dow Jones Newswires; +41 43 443 8043;
katharina.bart@dowjones.com