Adecco to Acquire Penna Consulting for About $149 Million

Adecco SA agreed to buy Penna Consulting Plc for about 105.3 million pounds ($149 million) to expand in the U.K. market for services linked to human resources.

Shareholders of Penna will receive 365 pence a share, under the terms of the agreed offer, Adecco said in a statement Wednesday. Penna shares closed at that bid price yesterday.

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