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BUSINESS BRIEFS.(TO THE POINT)
SERVICES
Yellow Pages publisher buys rival
R.H. Donnelley will acquire Dex Media for $4.2 bil. The new company will be the country's No. 3 Yellow Pages publisher, with more than 600 directories in 28 states and a total circulation of 73 mil. Donnelley will pay $12.30 in cash and 0.24154 common share for each share of Dex. That adds up to $1.85 bil in cash and 36.4 mil shares of Donnelley. Dex fell 3.5% to 26.82. Donnelley slid 2.5% to 61.77.
** Manpower doubled the size of its operations in India by buying 3 divisions from No. 1 Indian exec recruitment firm ABC Consultants. The buy makes Manpower the No. 1 IT job placement ...
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- Newspaper article from: Economic Times (New Delhi, India) October 5, 2005 700+ words
...crore, local industry leader ABC Consultants and global leader Manpower have formed a joint venture and ABC Consultants' three fastest growing verticals...percent and the promoters of ABC Consultants will own the remaining 26 percent...
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(From India Business Insight) Manpower Services India has entered into an agreement with ABC Consultants for a 74:26 joint venture valued at over Rs150 crore. The agreement will include information technology (IT), IT-enabled...
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