Spring acquisition
12 September 2012
Recruitment giant Adecco appears to be on the verge of completing its proposed purchase of technical recruiter Spring.
Recruitment giant Adecco appears to be on the verge of completing its proposed purchase of technical recruiter Spring. Following an announcement on 11 August regarding Adecco’s recommended cash offer, Spring has posted a circular to all its shareholders containing details of the court-sanctioned purchase. The court meeting and general meeting to approve the purchase are to be held on 30 September, and subject to approval at the relevant meetings, the purchase is set to become effective on or around 20 October.
