July 26, 2018 / 5:06 AM / 4 months ago

BRIEF-Adecco says sells remaining ownership interest in Beeline

July 26 (Reuters) - Adecco Group AG:

* SAYS ADECCO GROUP ANNOUNCES SALE OF REMAINING OWNERSHIP INTEREST IN BEELINE

* SAYS PROPOSED TRANSACTION WILL RESULT IN A GAIN ON SALE FOR ADECCO GROUP OF APPROXIMATELY EUR 110 MILLION AND AFTER-TAX CASH PROCEEDS OF APPROXIMATELY EUR 172 MILLION

* SAYS TRANSACTION REMAINS SUBJECT TO CUSTOMARY CLOSING CONDITIONS, INCLUDING CERTAIN REGULATORY APPROVALS. IT IS EXPECTED TO CLOSE DURING Q3 2018 Further company coverage: (Reporting By Zurich newsroom)

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