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Computer Sciences Corp Agrees To Sell Australian IT Staffing Unit To Adcorp


Wednesday, 12 Dec 2012 05:43am EST 

Computer Sciences Corp announced that it has reached a definitive agreement with Adcorp, South Africa`s employment services company, for the sale of Paxus, its Australian IT staffing unit. The total value of this all-cash transaction is expected to be $73.5 million. After the closing, CSC will continue a business relationship with Paxus to meet its IT staffing needs in Australia. The Companies expect to close the transaction by the end of January 2013. 

Company Quote

59.24
0.05 +0.08%
3:43pm EDT