廣告
香港股市 將收市，收市時間：1 小時 16 分鐘

  • 恒指

    16,226.07
    -159.80 (-0.98%)
     

  • 國指

    5,752.08
    -51.78 (-0.89%)
     

  • 上證綜指

    3,061.96
    -12.27 (-0.40%)
     

  • 滬深300

    3,538.63
    -31.17 (-0.87%)
     

  • 美元

    7.8311
    -0.0001 (-0.00%)
     

  • 人民幣

    0.9240
    +0.0003 (+0.03%)
     

  • 道指

    37,775.38
    +22.07 (+0.06%)
     

  • 標普 500

    5,011.12
    -11.09 (-0.22%)
     

  • 納指

    15,601.50
    -81.87 (-0.52%)
     

  • 日圓

    0.0505
    +0.0001 (+0.14%)
     

  • 歐元

    8.3354
    +0.0010 (+0.01%)
     

  • 英鎊

    9.7330
    -0.0060 (-0.06%)
     

  • 紐約期油

    83.70
    +0.97 (+1.17%)
     

  • 金價

    2,396.20
    -1.80 (-0.08%)
     

  • Bitcoin

    64,309.33
    +3,299.56 (+5.41%)
     

  • CMC Crypto 200

    1,294.30
    -18.33 (-1.40%)
     

ManpowerGroup To Acquire ettain Group For $925M

Akanksha
·1 分鐘文章

  • ManpowerGroup Inc. (NYSE: MAN) has agreed to acquire ettain group, a privately-held IT resourcing and services provider, for $925 million in cash.

  • ettain will become part of Experis, ManpowerGroup's global IT resourcing and services brand. When combined, the business will have total annual revenues of more than $4.5 billion globally, with more than $1.7 billion in North America.

  • The combination will provide increased strength in delivering IT services to the financial services and health care industries.

  • For the twelve months ended June 30, 2021, ettain pro forma Revenues were ~$724 million, and pro forma EBITDA was $75 million.

  • ManpowerGroup anticipates the acquisition to be accretive to 2021 and 2022 EPS, excluding one-time and integration costs.

  • The transaction is expected to close in late September 2021.

  • ManpowerGroup expects to fund this acquisition with existing cash and ~$150 million from its revolving credit facility, which it intends to repay over 12 months.

  • ManpowerGroup held cash and cash equivalents of .46 billion as of June 30, 2021.

  • Price Action: MAN shares closed higher by 0.70% at $120.22 on Monday.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.