Quess Corp. makes announcements of two major acquisitions

Quess Corp. has announced that it has signed definitive agreements to buy Monster India and its business in South-East Asia and the Middle East (“Monster”) from Monster Worldwide Inc. and The Care Business of HCL Services (“Care Business”) from HCL Infosystems. 

According to the company, the transactions are expected to close in the next few weeks, subject to the fulfilment of customary closing conditions and required statutory approvals. 

Monster, a leading online career and recruitment resource with its cutting-edge technology, provides relevant profiles to employers and relevant jobs to jobseekers across industry verticals, experience levels and geographies. Monster, a 20+-year-old marquee internet brand, provides the widest and most sophisticated job-seeking, career management, recruitment and talent management capabilities globally. The acquired business has operations across India, Singapore, Malaysia, the Philippines, Hong Kong, Vietnam, Thailand, Indonesia, UAE and Kingdom of Saudi Arabia. With ~65 million registered users, over 80 million resumes and with ~800,000 monthly new registrations, the company is amongst the market leaders in the online recruitment space across each of its operating geographies....Read More

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