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Announced

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Outsourcing completed the acquisition of CPL Resources for $300m.

Synopsis

Outsourcing, a Japan-based company engaged in the provision of outsourcing services, completed the acquisition of CPL Resources, a human resources company based in Dublin, for $300m. "We are pleased to be announcing this transaction today and believe it represents an excellent opportunity for both the company and its shareholders. The offer from Outsourcing acknowledges the quality of Cpl and the strength of its future prospects, both standalone and as part of Outsourcing. The terms of the proposed transaction represent an attractive premium in cash and crystallise the substantial long-term value potential of Cpl today," John Hennessy, CPL Chair.

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