ONLINE RECRUITMENT RESOURCE EYES ON CHINA MARKET
November 10, 2008 | BY
clpstaff &clp articles &Online careers and recruitment resource Monster Worldwide (Monster) has acquired ChinaHR, an online recruitment company in China. Monster paid US$174 million…
Online careers and recruitment resource Monster Worldwide (Monster) has acquired ChinaHR, an online recruitment company in China.
Monster paid US$174 million for the remaining 55% stake in ChinaHR. Monster had previously acquired 45% of ChinaHR and made other loans to the company, for a total of US$95 million.
Morrison & Foerster acted for ChinaHR, while Baker & McKenzie advised Monster on the deal.
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