Tuesday, August 9, 2016

Randstad buys Monster for $429M as recruitment consolidation continues

Screen Shot 2016-08-09 at 07.39.18 Yet one more significant piece of M&A in the online recruitment industry. Today Randstad Holdings, an Amsterdam-based human resources and recruitment specialist, announced that it would acquire job hunting portal Monster Worldwide, for $429 million in cash. The deal works out to $3.40 per share in cash and is a premium on Monster’s share price at closing on Monday of $262 million. Read More

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