Brief: Kelly Enters Agreement To Sell European Staffing Business To Gi Group Holdings S.P.A.

Gi Poland SA

02/11/2023 12:50

Nov 2 (Reuters) - Kelly Services Inc  KELYA.O :
    * KELLY ENTERS AGREEMENT TO SELL EUROPEAN STAFFING BUSINESS
TO GI
GROUP HOLDINGS S.P.A.
    * KELLY SERVICES INC - PROPOSED DEAL FOR FOR CASH
CONSIDERATION OF
UP TO EUR 130 MILLION.
    * KELLY SERVICES INC - PROPOSED DEAL FOR WITH ADDITIONAL
EARNOUT
POTENTIAL OF UP TO EUR 30 MILLION
    * KELLY SERVICES INC- WILL CONTINUE TO PROVIDE MSP, RPO, AND
FSP
SOLUTIONS TO CUSTOMERS IN EMEA REGION THROUGH KELLYOCG
    * KELLY SERVICES INC - TRANSACTION IS EXPECTED TO CLOSE IN
Q1 OF
2024
    * KELLY SERVICES INC - UNDER TERMS OF AGREEMENT, KELLY WILL
TRANSFER ITS EUROPEAN STAFFING BUSINESS WITHIN ITS INTERNATIONAL
OPERATING SEGMENT TO GI

Source text for Eikon:  ID:nPn8xfWzla 
Further company coverage:  KELYA.O 

 ((Reuters.Briefs@thomsonreuters.com;))