Acquires Complete Control: Adecco Group Buys Out Akka Technologies Completely
In a significant move, the world's leading talent advisory and solutions company has announced the acquisition of AKKA Technologies. The acquisition, which was announced earlier this year, will see the group take over all shares and convertible bonds in the French engineering and R&D company.
The acquisition process, which began on April 21, 2022, and concluded on May 11, 2022, saw 604,672 shares (5.89%) and 73 convertible bonds (4.17%) tendered in the bid. The remaining securities not tendered in the bid have been deemed to have been transferred to the group's wholly owned subsidiary, Modis.
The payment for the tendered shares and convertible bonds is scheduled to take place on May 13, 2022. Shareholders who tendered their securities during the acceptance period can expect to receive the payment on this date.
Based in Zurich, Switzerland, the group is listed on the SIX Swiss Exchange (ADEN) with the ISIN CH0012138605. The company, which enables more than 3.5 million careers in around 60 countries, leads by example, creating shared value that fuels economies and builds better societies.
The group's culture of inclusivity, entrepreneurship, and teamwork empowers its 38,000 employees. For further information regarding the acquisition, shareholders and investors are encouraged to contact the investor relations team at investor.relations@our website or by calling 41 (0)44 878 88 88.
Media enquiries can be directed to the press office at media@our website or by calling 41 (0)44 878 87 87. The group remains committed to keeping all stakeholders informed about its ongoing activities and developments.
As the group, listed on the SIX Swiss Exchange, finalizes the acquisition of AKKA Technologies, the future of work in the finance and business sectors may witness significant shifts due to the integration of technology. Shareholders can look forward to their payment for tendered shares and convertible bonds on May 13, 2022.
