Labour services group Workforce Holdings says it has agreed to buy information technology (IT) e-recruiter OpenSource for as much as R24m, seeking to further expand its contracting offering of highly skilled personnel.

The agreement was concluded on Wednesday, with the price dependent on the financial performance of the target companies, OpenSource Intelligent Solutions and OpenSource International, Workforce said on Thursday...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now