Recruit eyeing further European acquisitions after USG bid
After USG People [AMS: USG] agreed to Japan-based Recruit's [TYO: 6098] offer of EUR 17.50 per share yesterday, the latter is keen on further acquisitions, Dutch publications Het Financieele Dagblad and De Telegraaf reported.
De Telegraaf quoted Recruit director Graeme Maude as saying that there will be future acquisitions on the European market, even though Maude noted the firm has no specific companies as target at present.
Het Financieele Dagblad noted, without citing sources, USG will act as Recruit's 'bridgehead in Europe', as it is looking for additional acquisitions.