Once the transaction is closed, VINCI will hold 8% of ADP’s capital. As per the terms of the sale, VINCI will have a seat on the ADP board of directors no later than beginning at the ADP shareholders’ general meeting that will vote on the 2013 financial accounts.
VINCI will propose to ADP, within the context of existing agreements, to enter into discussions to share their respective expertises, particularly in the area of international development.
In contrast to the 28 percent rise seen last year, Indian employers are expressing a cautiously optimistic recruiting intent of...
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