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Tarena Enters into Definitive Agreement for "Going Private" Transaction

Tarena Enters into Definitive Agreement for Going Private Transaction
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BEIJING, April 30, 2021 /PRNewswire/ Tarena International, Inc. (Nasdaq: TEDU) ( Tarena or the Company ), a leading provider of professional education and K-12 education services in China, today announced that it has entered into an Agreement and Plan of Merger (the Merger Agreement ) with Kidedu Holdings Limited ( Parent ) and Kidarena Merger Sub, a wholly owned subsidiary of Parent ( Merger Sub ). Pursuant to the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent (the Merger ), in a transaction implying an equity value of the Company of approximately US$230.6 million. ....

Zhong Lun , United States , Hong Kong , Cayman Islands , Amanda Wang , Shaoyun Han , Zhong Lun Law Firm , Duff Phelps , Talent Fortune Investment , Prnewswire Tarena International Inc , Dunn Crutcher , Banyan Enterprises , Wharton Garrison , Education Technology Group Inc , Kidedu Holdings , Morrison Foerster , Morrison Foerster Llp , Buyer Group , Exchange Commission , Allen Overy , Securities Exchange , Tarena International Inc , Kidedu Holdings Limited , Kidarena Merger Sub , Merger Agreement , Merger Sub ,

Tarena Enters into Definitive Agreement for "Going Private" Transaction

Tarena Enters into Definitive Agreement for "Going Private" Transaction
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Zhong Lun , United States , Hong Kong , Cayman Islands , Amanda Wang , Shaoyun Han , Zhong Lun Law Firm , Duff Phelps , Talent Fortune Investment , Prnewswire Tarena International Inc , Dunn Crutcher , Banyan Enterprises , Wharton Garrison , Education Technology Group Inc , Kidedu Holdings , Morrison Foerster , Morrison Foerster Llp , Buyer Group , Exchange Commission , Allen Overy , Securities Exchange , Tarena International Inc , Kidedu Holdings Limited , Kidarena Merger Sub , Merger Agreement , Merger Sub ,