Adecco bids US$82 Million for Dutch employment firm

Switzerland's Adecco, the world's largest staff recruitment group, said on Monday it is offering 56 million euros (US$82 million) for Dutch human resources firm DNC De Nederlanden Compagnie.

The deal would make the group the third largest staff recruitment agency in the Netherlands and the offer is "unanimously" supported by the DNC board, Adecco said in a statement.

The acquisition is a "big step forward in realising our ambition to become the market leader in professional staffing in The Netherlands."

At 12.25 euros per share in cash, the offer represents a premium of 52 per cent to the closing price of DNC shares on August 29.

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