Randstad finalises Monster buy

Recruitment giant Randstad has finalised its acquisition of job board Monster Worldwide.
Mon, 31 Oct 2016

Recruitment giant Randstad has finalised its acquisition of job board Monster Worldwide.

In a statement, Randstad said it has successfully completed its tender offer to acquire any and all outstanding shares of common stock of Monster Worldwide, at a price of $3.40 (£2.80) per share in cash.

Randstad says it now expects the acquisition to complete tomorrow (1 November), adding Monster will continue operating as a separate and independent entity under the Monster name.

Last Thursday the European Commission cleared the way for recruitment giant Randstad’s acquisition of Monster by giving the recruitment giant merger control clearance from the commission for its purchase.

Microsoft teams up with SThree to improve operations

SThree, the leading STEM-specialist staffing group, has announced a collaboration with Microsoft that is intended to power its industry-leading Technology Improvement Programme.

Contracts 26 March 2024

NEW TO THE MARKET: 25-30 MARCH 2024

This week’s new launches include: ID Crypt Global, Indeed, N2S.Global, Quesam, Talmix

New to Market 26 March 2024

Businesses must use AI in ‘all its formats’ says Martin-Fagg

UK businesses need to use technology such as AI to increase productivity, emphasise a ‘customer first’ attitude and grow by increasing market share.

22 March 2024

HeadFirst and Impellam groups join forces

HeadFirst Group and Impellam Group have joined forces to become one of the world’s leading STEM talent and managed service providers.

Contracts 22 March 2024
Top