Sponsored by: Investment Center

Something new in your business?  Click here to submit your business press release

Chamber Corner | Main Street News | Job Hunt | Classifieds | Calendar | Illinois Lottery 

EU approves takeover of MPS by Adecco

Send a link to a friend

[December 18, 2009]  BRUSSELS (AP) -- The European Union has approved the proposed $1.17 billion takeover of Florida-based staffing firm MPS Group Inc. by Switzerland's human resources company Adecco SA.

InsuranceThe EU Commission said Friday the acquisition of one of the largest U.S. temporary staff companies by Adecco "would not significantly impede effective competition" in Europe. It said there was some overlap in Britain, but added the market had enough remaining competitors to assure fair conditions.

The acquisition should be completed in the first quarter of 2010.

[Associated Press]

Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Investments

Investments

< Recent articles

Back to top


 

News | Sports | Business | Rural Review | Teaching & Learning | Home and Family | Tourism | Obituaries

Community | Perspectives | Law & Courts | Leisure Time | Spiritual Life | Health & Fitness | Teen Scene
Calendar | Letters to the Editor