Futuris Company has reached an agreement to acquire the specialized healthcare staffing business of Recruiter.com, pending client approvals.
According to the agreement’s terms, Recruiter.com will transition specific client contracts to Futuris or its related entities. The transaction compensation incorporates Futuris stock, valued at $500,000 (subject to adjustments as per the agreement’s terms), and a share of the ongoing gross profit, up to a maximum of $2 million.
The transaction is expected to close immediately upon the fulfillment of closing conditions. Read more.