ENXTAM:RANDProfessional Services
Randstad Considers LTM Deal That Could Recast Tech Exposure And Focus
LTM has proposed acquiring Randstad’s Technology and Consulting Services business in Europe and Australia.
The deal includes setting up a long-term partnership focused on IT and talent services between Randstad and LTM.
The transaction would reshape Randstad’s business mix in key sectors and regions if it goes ahead.
Randstad (ENXTAM:RAND), trading at around €26.1, is coming off mixed share performance, with the stock up 8.0% over the past week and 5.8% over the past month, but down 19.4%...