News: Randstad acquires 57% in India's Team4U
(RTR 13/04/2006) Amsterdam - Dutch temporary employment company Randstad NV said on Thursday that it has acquired 57 per cent of Indian staffing company Team4U.
"The transaction is expected to have no material effect on Randstad's earnings per share", the company said in a statement.
Team4U provides staffing and services such as payroll management, Randstad said. In 2005 Team4U had revenues of 15 million euros.
Randstad is the world's fourth largest staffing agency in terms of sales.
"The transaction is expected to have no material effect on Randstad's earnings per share", the company said in a statement.
Team4U provides staffing and services such as payroll management, Randstad said. In 2005 Team4U had revenues of 15 million euros.
Randstad is the world's fourth largest staffing agency in terms of sales.
posted by InCar Group Press Room at 10:25
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