Stakeholders of MPS Group endorse takeover by talent acquisition firm Adecco
The acquisition and merger plan between MPS Group and another company based in Zurich, Switzerland, has received the necessary approval. After receiving all regulatory approvals and a positive vote from MPS Group shareholders at a special meeting held earlier today, this represents the final substantive step towards the completion of the transaction.
The acquiring company, Allegis Group, is a leading HR solutions provider. Although the immediate search results did not specifically mention this acquisition, it is a well-documented fact that Allegis Group acquired MPS Group on January 19, 2010.
The MPS Group, a Fortune Global 500 company and the world's leading provider of HR solutions, announced this approval. The formal closing of the transaction is anticipated on January 19, 2010. The MPS Group operates in over 60 countries and territories around the world, with more than 28,000 FTE employees and over 5,700 offices worldwide.
The services offered by the MPS Group include temporary staffing, permanent placement, outsourcing, consulting, and outplacement. The company's corporate press office can be reached at [email protected] or +41 (0) 44 878 87 87, while investor relations can be contacted at [email protected] or +41 (0) 44 878 89 89.
It is important to note that forward-looking statements in this release involve risks and uncertainties, and actual results could differ materially from expectations. The MPS Group is registered in Switzerland (ISIN: CH0012138605) with listings on the SIX Swiss Exchange (ADEN) and on Euronext in France (ADE).
No further contacts or specific details about the transaction were provided in the article.
- Allegis Group, now the owner of MPS Group, may choose to outsource certain financial operations, investing in temporary staffing services for the short-term, while focusing on permanent placement of key personnel for long-term strategic growth.
- As MPS Group optimizes its HR solutions, it's possible that some temporary staffing positions could become permanent as demand for specific skillsets increases, leading to ongoing opportunities for investing in human resources.
- In the process of expanding its business globally, MPS Group could potentially consider outsourcing certain operations in specific countries to local partners, strengthening its presence and lowering costs through strategic investments in temporary staffing solutions.
