Dutch staffing giant Randstad launched its 3.3 billion euro (£2.61bn) part cash and shares bid for its rival Vedior on Wednesday.

Randstad said in a statement in a Dutch newspaper the acceptance period starts on April 2 and will end on May 9, unless extended.

The offer will be declared unconditional if 66.67% of all Vedior shares will be tendered, owned and committed, Randstad said.

It also said it reiterated its first quarter outlook of earnings before interest, taxes and amortization (EBITDA) of least 100 million euros (79.2m).

Vedior will hold a general meeting of shareholders on April 25 to discuss the offer, while Randstad will hold an extraordinary general meeting two days earlier on April 23.

Randstad's AGM is set for May 7.

The offer includes 9.5 euros in cash for each Vedior share and 0.32759 new Randstad shares for each Vedior share.

Based on the closing price of the Randstad shares on Monday, the offer values each Vedior share at 19.22 euros.

Randstad has nominated two current members of the Vedior supervisory board, Giscard d'Estaing and Beverley Hodson, as new members of Randstad's supervisory board.

Two current members of Vedior's board of management, Greg Netland and Brian Wilkinson, have been nominated as new members of Randstad's executive board.

Randstad said it currently holds 15.03% of Vedior shares.