Info Edge to acquire Highorbit Careers for Rs 81 cr
Info Edge (India) Ltd, which owns online job portal Naukri, Tuesday said it will acquire Highorbit Careers - that operates job portals iimjobs.com and hirist.com - for cash consideration of Rs 80.82 crore. "The company has agreed to acquire 100 per cent share capital on a fully diluted basis. Post the completion of the acquisition, iimjobs will become wholly-owned subsidiary of the company," Info Edge said in a BSE filing. The combination of iimjobs' strong brand proposition and Info Edge's strong distribution network... Читать дальше...