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MAN Manroy

85.00
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Manroy LSE:MAN London Ordinary Share GB00B4L12X65 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 85.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

EU Clears Recruitment Co Adecco To Buy Smaller Rival Spring

16/10/2009 3:40pm

Dow Jones News


Manroy (LSE:MAN)
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The European Commission Friday cleared recruitment company Adecco SA (ADEN.VX) to buy U.K.-based Spring Group Ltd.(SRG.LN), a smaller recruitment company, for GBP108 million.

Through the purchase, Adecco aims to strengthen its position in the fragmented U.K. market.

Switzerland's Adecco has been hit hard by the global downturn as companies are forced to cut jobs and unemployment is expected to rise further in both the U.S. and Europe in the months ahead. It competes with the likes of Manpower Inc. (MAN) of the U.S. and Netherlands-based Randstad Holding NV (RAND.AE).

-By Peppi Kiviniemi, Dow Jones Newswires; +3227411483; peppi.kiviniemi@dowjones.com

 
 

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