The deal represents a per-share price of $3.40, down significantly from the company’s peak share value of $91 in the year 2000. Post acquisition, Monster will continue to operate as a separate and independent entity under the Monster name. For Randstad, the deal represents an extension of its offline services to the online market. As of now the company claims to place around 2 mn people in jobs each year.

Recruitment platform Monster acquired by HR consulting network Randstad  for $429 mn

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