Impellam Group plc, a UK-based global staffing firm, is continuing its discussion with HeadFirst Global for a possible acquisition of the company.

Following a number of previous extensions , the deadline was, once again, extended to 25 October from the previously announced 11 October 2023.

Impellam first announced the potential acquisition by HeadFirst this summer, which followed several wide-ranging changes at the company.

In April 2022, majority shareholder Lord Michael Ashcroft said he would sell his stake in the company. Following that, Impellam last year sold its Corestaff light industrial brand to Swipejobs Inc. in a $19 million deal. This year, Impellam announced the sale of its healthcare and specialist staffing businesses to Twenty20 Capital in a $102.2 million deal.

There is no guarantee at this time that HeadFirst will make an offer.

The Deadline can be further extended by the board with the consent of the panel in accordance with Rule 2.6(c) of the Code. Any consent for a further extension of the deadline will only be requested by the board with the approval of the company's majority shareholder.

Impellam had ranked as the 21^st-largest global staffing firm, according to SIA’s Largest Staffing Firms Globally 2023 report released 20 September.