Clarius most likely Australian recruitment takeover...

Clarius most likely Australian recruitment takeover target
Commenting on Adecco’s takeover offer for Michael Page International, Macquarie Equities analyst Benn Skender, who specialises in the recruitment sector, said that among the local listed stocks "Clarius stands out as the primary candidate for consolidation” because of its open share register, relatively low gearing and strong market position in IT.

Skender said other leading listed recruitment stocks including SKILLED, Ambition, Chandler Macleod and Ross Human Directions all had significant shareholdings held by founders or key executives.

He said Clarius was also attractive because it had a comparatively under-geared balance sheet compared with SKILLED, Chandler Macleod, RHD and Rubicor, and had a favourable defined sector focus in IT (the third largest behind Peoblebank and Paxus).