The hidden message in the LTM-Randstad deal: labor arbitrage is running out of road

It is easy to miss the strategic relevance of LTM’s suggested takeover of Randstad’s Technology and Consulting Services business in France, Germany, Belgium, Luxembourg, and Australia. At a reported price of $186m on Randstad’s revenues of $500m, the temptation might be to think about a distressed asset or a tuck-in acquisition. And Randstad might not […]

Share via ...