Daily News

View All News

Randstad increases stake in Vedior

December 12 2007
Randstad Holding NV in a news release for foreign investors said it increased its share in Vedior to 15.03% through open market purchases of 26.1 million shares.

Randstad announced Dec. 3 that it struck a deal to buy fellow Dutch staffing firm Vedior. The combined company would be the second-largest staffing firm in the world. At the time, Randstad said it would pay euro3.51 billion (US$5.14 billion) in a cash and stock deal. However, Randstad said the recent share purchases will reduce the amount of new shares it will issue to Vedior shareholders in the deal.

Comments

Add New Comment

Post comment

NOTE: Links will not be clickable.
Security text:*