Adecco To Acquire MPS Group For $1.3B

Law360, New York (October 20, 2009, 2:45 PM EDT) -- Swiss human resources solutions company Adecco Group has agreed to acquire staffing agency MPS Group for approximately $1.3 billion, the companies announced Tuesday.

Adecco offered $13.80 per share to MPS Group's shareholders, the companies said. The deal is subject to customary closing requirements, including review under the Hart-Scott Rodino Antitrust Improvements Act and approval by the European Union.

"We are delighted to have MPS Group become part of the Adecco Group, in a move that will see Adecco taking the worldwide lead in professional staffing,” Adecco...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.