Friday, June 10, 2011

Goldbug100 - Hays (HAS.L) a takeover target? 150.00 cited yesterday 160.00. Just rumors?

The world's biggest staffing agency, Adecco could be lining up a £2.2bn or 160p-a-share cash bid according to the Daily Mail's market report for Hays (HAS.L). The company refused to comment but said it was eyeing potential "bolt-on" acquisitions.

Hays (HAS.L) reported a 16pc jump in net fees for the quarter ending March 31 on a like-for-like basis, citing strong growth overseas.

We hope that Hays remains independent.
Market at the time of publishing - 10:36AM 110.90 Up 4.80

Hays PLC
250 Euston Road
Hays
London, NW1 2AF
United Kingdom - Map
Phone: 44 20 7383 2266
Fax: 44 20 7388 4367
Website: http://www.haysplc.com

Business Summary 
Hays plc operates as a specialist recruitment company in the United Kingdom and internationally. The company provides temporary and permanent staff to various sectors, which include accountancy and finance, construction and property, information technology, sales and marketing, banking, contact centers, education, executive, financial services, healthcare, human resources, legal, oil and gas, pharmaceutical, purchasing, resource management, and resources and mining. Hays plc is based in London, the United Kingdom.

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