(Reuters) – Japan’s largest recruitment company Recruit Holdings Co Ltd said it is planning an initial public offering worth 193 billion yen (€1.4 billion / $1.8 billion), one of the biggest listings in the country this year.
The offering will help Recruit, which wants to be the world’s biggest human resources firm by 2020, to pay for future acquisitions. Keen to offset a shrinking market in Japan, it has snapped up a slew of foreign companies in recent years, including online job search site Indeed.com.
Author: Kelly Desormes
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