Randstad to acquire Monster Worldwide

Randstad To Acquire Monster Worldwide To Transform The Way People And Jobs Connect

Question: Recently Randstad a leading human resources services provider announced to acquire Monster Worldwide in a total purchase price of approximately-
(a) $305 million
(b) $500 million
(c) $429 million
(d) $470 million
Ans: (c)
Related facts:

  • On 9 August 2016 Randstad a leading human resources services provider announced to acquire Monster Worldwide in a total purchase price of approximately $429 million.
  • Randstad will pay $3.40 per share in cash.
  • Randstad specializes in solutions in the field of flexible work and human resources services.
  • Randstad Group is one of the leading HR services providers in the world, with top-three positions in Argentina, Belgium & Luxembourg, Canada, Chile, France, Germany, Greece, India, Mexico, the Netherlands, Poland, Portugal, Spain, Switzerland, the UK, and the United States, as well as major positions in Australia and Japan.
  • In 2015, Randstad had approximately 29,750 corporate employees and around 4,473 branches and inhouse locations in 39 countries around the world.
  • Monster Worldwide is a global leader in connecting jobs and people.

Reference:
http://www.ir.randstad.com/news-and-events/press-releases/pr-2016/2016-08-09.aspx
http://www.monster.com/about/a/Randstad-To-Acquire-Monster-Worldwide-To-Transform-The-Way-People-And-Jobs-Connect
http://www.wsj.com/articles/randstad-to-buy-monster-worldwide-for-429-million-1470728247