ビースタイルホールディングス announced that it would acquire all shares of HRアソシエ and make it a subsidiary. The market viewed the deal as a positive catalyst, and the stock rebounded.
ビースタイルホールディングス announced that it would acquire all shares of HRアソシエ and make it a subsidiary. The announcement was made during the afternoon session on the 17th, and the stock reacted to the news in trading on the 18th.
HRアソシエ operates an RPO business that includes recruitment consulting, recruitment outsourcing, and training services. The company said the acquisition is expected to create synergies with recruitment outsourcing services for companies using the group’s growth-oriented job media platform, しゅふJOB. It also said the deal is expected to help create a business portfolio less affected by competition in the job media market.
The stock closed at ¥617 on the 18th, up ¥33 from the previous day, after rising as high as ¥666 intraday. The group’s stronger portfolio appears to have been viewed as a driver of the share price.