AFP: KKR to buy Japanese employment recruitment firm
US investment fund Kohlberg Kravis Roberts & Co. said it would buy Japanese cable broadcaster Usen's recruitment services unit for 32.5 billion yen, or approximately 356 million dollars. KKR and Usen said in a joint statement that they had signed a deal for the acquisition of Intelligence Ltd., Usen's recruitment services subsidiary. Founded in 1989, Intelligence offers permanent job placement, temporary staffing and outsourcing, and job search advertising. The company holds the second-largest market share in Japan in job placement and search advertising...more...
(Manpower is already fairly prominent in that part of the market)