GERMANY - Financial investor tipped to acquire Tuja Holding

According to press reports the German arm of Barclays Private Equity has agreed to acquire German temping agency Tuja in a secondary transaction. The vendor, Odewald & Compagnie, acquired a majority stake in the company together with the management in 2004. The deal remains subject to regulatory clearance which is expected to be received by the end of March. No further details have been released and Barclays has declined as yet to provide any further details on the purchase.