Randstad to quit Portugal for Vedior

Staffing agency Randstad is to sell its Portuguese activities to win European Commission approval for its takeover of peer Vedior, the company said on Friday.

Randstad Portugual booked sales of €47m last year but its divestment will not have a ‘significant effect’ on the group’s financial position, Randstad said.
It expects to publish its formal offer for Vedior next week.

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