ASGN rises on Oxford Global Resources sale, upbeat forecast

Everforth

01/07/2021 16:57

** Provider of IT and professional services' shares  ASGN.N 
up 2% at $98.8 
    ** Co agrees to sell its Oxford Global Resources (Oxford)
business unit to an affiliate of H.I.G. Capital for $525 mln
    ** ASGN revises forecast, expects Q2 adj EPS to be
$1.41-$1.45 vs previous forecast of $1.26-$1.33, above
Refinitiv-IBES est
    ** Co also acquires Infor business unit of Avaap (Infor
Business Unit), an enterprise solutions integrator with
expertise in healthcare and manufacturing across the U.S. and
Europe  urn:newsml:reuters.com:*:nBw5tyz0Xa
    ** Stock up ~18.3% YTD

 (Reporting by Sahil Shaw in Bengaluru)
 ((sahil.shaw@thomsonreuters.com))