Korn Ferry gains on deal to acquire Salo

Korn Ferry

18/01/2023 16:06

** Executive search firm Korn Ferry's shares  KFY.N  gain
1.2% at $53.5 
    ** Co announces it has entered into a definitive agreement
to acquire Salo LLC, a talent provider
    ** Terms of the deal were not disclosed
    ** Transaction is expected to close on Feb. 1
    ** The acquisition is expected to add immediately to KFY's
adjusted earnings
    ** Shares of KFY fell 33.15% in 2022
 (Reporting by Shristi Achar A in Bengaluru)
 ((Shristi.AcharA@thomsonreuters.com;))