Persol Holdings Placement
Kelly Holdings aims to raise around US$200m via selling its 3.8% stake in Persol Holdings.Kelly Holdings posted 4Q21 and full-year FY21 results on 14th February 2022. In its earnings announcement, the firm mentioned that it was looking to end its cross-shareholding with Persol Holdings. The two firms share a JV in PersolKelly.
In this note, we will run the deal through our ECM framework and comment on other deal dynamics.
Persol Holdings is a holding company. Along with its group companies, Co. operates in four business segments. Co. provides temporary staffing and contracting services for general office work; business consulting services, planning and management of businesses; R&D outsourcing support; re-employment support services and overseas recruitment services especially in China and South East Asia. Co. is also engaged in the design and development of network systems; the dispatch of engineers and contract works for machinery design, electrical and electronic design; and the management of recruitment related media such as recruit information magazines and websites.
Aequitas Research is a leading ECM research firm with a focus on IPOs and placements/follow-on offerings across the Asia Pacific with deal size of over USD100m.
Hong Kong,
China ADRs,
India,
Japan,
Australia, and
ASEAN.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.