Daily News

View All News

Switzerland — MPS Shareholders agree to Adecco takeover

18 January 2010

MPS Group Inc. (NYSE: MPS) announced on Friday that its shareholders have agreed to a $1.17 billion takeover by the Swiss human resources company Adecco SA, according to Associated Press.

The company will now merge with Jaguar Acquisition Corp., which is a wholly owned subsidiary of Adecco.


Under the deal, MPS shareholders would get $13.80 per share in cash for each MPS share they own. The deal is expected to close on Jan. 19.
 
Shares of MPS closed unchanged at $13.78 at Friday’s close.

 

Comments

Add New Comment

Post comment

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