Italian takeover of Work Service probed by Hungary
Italian takeover of Work Service probed by Hungary The Hungarian Competition Authority (GVH) announced in late December that it launched an investigation into the acquisition of control over the Polish staffing and RPO provider Work Service from Italian staffing firm GI Group. According to the Authority, the investigation was launched due to the allegation of the GVH that when the GI Group acquired control over its Polish competitor under an investment agreement, it simultaneously acquired joint control over its Hungarian subsidiary, Prohumán. “This transaction may influence the Hungarian ...