Dechert, Allen & Overy Rep Randstad In $770M SFN Buy

Law360, New York (July 21, 2011, 12:59 PM EDT) -- Dutch human resources company Randstad Holding NV late Wednesday announced an agreement to purchase U.S. counterpart SFN Group Inc. for approximately $770 million.

The deal will see Randstad, already an HR industry leader in Europe and South America, double its presence in the U.S. and reinforce its leading position in Canada. Randstad agreed to pay $14 for each outstanding share of SFN Group in its all-cash bid.

“We are very excited about the opportunity to become a leading company in North America. SFN Group is a...
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