King & Wood Mallesons advises Adcorp on Paxus acquisition
King & Wood Mallesons has advised Adcorp, South Africa’s largest employment services company, on its acquisition of Computer Sciences Corporation’s Australian IT staffing unit, Paxus.
The deal, valued at $60m, further strengthens Adcorp’s IT recruitment capability following its acquisition of South African ICT recruitment company, Paracon SA, in late 2011. Following the completion of the deal, CSC will continue a business relationship with Paxus to meet its IT staffing needs in Australia.
The King & Wood Mallesons’ team was led by partners David Eliakim and Nicole Heller who were supported by senior associate Jonathan Grant and solicitors Melissa Miller and Ashkan Kebriti.
News from King & Wood Mallesons
News from The Lawyer
Briefings from King & Wood Mallesons
The assistant treasurer was quizzed recently about the timetable for his Future of Financial Advice changes.
High Court decides: liquidators of insolvent landlords can disclaim leases with the effect of extinguishing the tenant’s leasehold interest
In Willmott Growers Group Inc v Willmott Forests Limited, the majority of the High Court upheld the Victorian Court of Appeal’s conclusion that the liquidators of an insolvent landlord can disclaim a lease.
Analysis from The Lawyer
All-encompassing change is now a reality for the UK’s top 200 firms. How are they coping with the unprecedented upheaval? The Lawyer finds out