H&Q invests $90m Monster-owned JobKorea
H&Q Korea has agreed to buy a 49.9% interest in JobKorea, the South Korean operation of Monster Worldwide, for an aggregate purchase price of $90 million. Monster will retain management control of the business, with H&Q supporting regional expansion efforts.
"H&Q Korea's investment underlines our strategy of focusing on companies with leading market position, solid growth potential and profitability," said Jung Jin Lee, Managing Partner, H&Q Korea, in a statement....
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