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Jacobs Holding AG concludes Financing of Adecco Share Purchase
Zurich (ots) - Jacobs Holding AG, Klaus J. Jacobs and certain members of the Jacobs family ("Jacobs Group") have successfully closed the financing of 12 million Adecco SA ("Adecco") shares to be purchased from Akila Finance S.A. The financing was made through a financing structure with Deutsche Bank AG.
The share purchase means that Jacobs Group will own approx. 22.9% of Adecco's issued shares including the voting rights.
Andreas Jacobs, Chairman of Jacobs Holding AG, on the long term commitment of the Jacobs Group: "By means of this financing tool we have financed the acquisition of the first tranche of 12 million shares. We intend to purchase a second tranche of 12 million shares for which financing is in place, however, the transaction is subject to obtaining all regulatory approvals required. Jacobs Group is delighted to support the value generation within Adecco for the benefit of all stakeholders."
ots Originaltext: Jacobs Holding AG
Jacobs Holding AG