Japan's Recruit in talks to buy Australia's Freelancer for $400 mln - source
SYDNEY, Sept 10
SYDNEY, Sept 10 (Reuters) - Japanese recruitment giant Recruit Holdings Co is in talks to buy Australian online jobs portal Freelancer.com for $400 million, a source close to the deal said on Tuesday, declining to be identified as the information was confidential.
Freelancer matches employers and freelancers around the world through its website for tasks such as data entry, design and accounting.
Officials at Freelancer and Recruit declined to comment.
The Freelancer approach comes after Recruit paid $410 million to buy two temporary staffing firms in the United States and Europe from buyout firm Cerberus Capital Management . The Japanese company has said it was looking for other targets.