Goldman Sachs to Acquire People Corporation for $1.13 Billion
December 18, 2020
Goldman Sachs Group Inc.’s merchant banking division entered into an arrangement agreement to acquire all of the issued and outstanding common shares of People Corporation for $15.22 per share in cash, valuing the equity at about $1.13 billion. The transaction is supported by People Corporation’s board and comes after a strategic alternatives review by an independent directors’ special committee.
- Targets
- People Corporation
- Industry
- Staffing & HR
- Location
- Manitoba, Canada
- Transaction Type
- Buyout
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