NDR and FML advise Manpower in acquiring stake in WDC

Bar & Bench April 6 2011

Manpower Holdings Inc., a workforce solutions company, has acquired 74 percent stake in Kolkata-based Web Development Company (WDC), a leading professional staffing and IT services company for an undisclosed amount. Post this acquisition, WDC will become the exclusive vehicle for all IT-related staffing and services operations of Manpower in India.

 

Manpower was advised by Narasappa, Doraswamy & Raja with a team led by Partner Harish Narasappa along with Senior Associate Chitra Raghavan.

 

WDC was advised by Chennai offices of FoxMandal Little where Partner Jeevanandham Rajagopal led the transaction.

 

WDC is mainly into IT staffing business . . .

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