Report says Michael Page eyeing possible sale over 600p
ZURICH (Reuters) - Staffing group Michael Page's (MPI.L) CEO Steve Ingham told Finanz und Wirtschaft that he still held the view he gave two years ago that a sale of the company could be envisaged from 600 pence a share.
But Ingham said he was just a small shareholder, and that an offer -- Swiss rival Adecco (ADEN.VX) has offered 400 per share for the company -- would have to be acceptable to Michael Page's larger shareholders.
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Credit headwind
News headlines speak of recovery, but financing is still a big problem in Germany. The dearth of credit to tide firms over is frustrating policymakers, who are blaming reluctant banks and there is little agreement on how best to increase lending flows. Full Article

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