|This Slide: #64 of 100|
Slide #64. Monster Worldwide, Inc. — Minority Stake in JobKorea
Monster Worldwide, Inc. (MWW)
Minority Stake in JobKorea
Monster Worldwide, Inc. (NYSE:MWW), today announced the completion of the sale of 49.9 percent of JobKorea, Monster's South Korean operations and the leading career website in the country, for an aggregate purchase price of $90 million to H&Q Korea, a leading private equity firm in Korea. The agreement for this sale was announced in November 2013.
Monster Worldwide is engaged in matching people to job opportunities via its monster.com® website. Co. operates in two reportable segments: Careers-North America; and Careers-International. These segments provide the placement of job advertisements on the websites within the Monster network, access to the Monster network of online resume databases, recruitment media services and other career-related services. Co.'s segments provide online services to customers in a variety of industries throughout North America, Europe, and the Asia-Pacific region.
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