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China Car Rental Firm eHi Weighs $1 Billion Hong Kong IPO

China Car Rental Firm eHi Weighs $1 Billion Hong Kong IPO
Bloomberg News, Bloomberg News
A customer receives keys to their new car beneath a protective plastic barrier at a Ford Motor Co. and Kia Motors Corp. car dealership in Clifton, New Jersey, U.S, on Wednesday, May 20, 2020. Governor Phil Murphy has lifted restrictions on in-person auto sales, provided the businesses follow social distancing guidelines, NBC reported. Photographer: Angus Mordant/Bloomberg
, Bloomberg
(Bloomberg) eHi Car Services Ltd., a Shanghai-based car rental company, is considering an initial public offering in Hong Kong that could raise about $1 billion, according to people familiar with the matter. ....

New York , United States , Soult Ukpyolsi , South Korea , Hong Kong , Gray Zhang , Hong Car Inc , Hertz Global Holdings Inc , Equity Asia Ltd , Partners Ltd , Ocean Link Partners Ltd , Hi Car Services Ltd , Chief Executive Officer Ray Zhang , Baring Private Equity Asia Ltd , Ocean Link Partners , Hong Kong Listed Car Inc , Global Holdings , Localiza Rent , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , ஹாங் காங் , ராய் ஜாங் , ஹாங் கார் இன்க் , ஹெர்ட்ஸ் உலகளாவிய ஹோல்டிங்ஸ் இன்க் , பங்கு ஆசியா லிமிடெட் ,

UPDATE 1-China's 51job receives revised offer of over $5 bln

51JOB-M&A/DCP (UPDATE 1):UPDATE 1-China's 51job receives revised offer of over $5 bln ....

Shinjini Ganguli , Derick Yan , Eva Mathews , Ocean Link Partners , ஷின்ஜினி கங்குலி , ரிக் யான் , ஈவா மேத்யூஸ் , கடல் இணைப்பு கூட்டாளர்கள் ,

51job, Inc. Announces Receipt of an Updated Non-Binding Proposal to Acquire the Company

Press release content from PR Newswire. The AP news staff was not involved in its creation.
51job, Inc. Announces Receipt of an Updated Non-Binding Proposal to Acquire the Company
May 4, 2021 GMT
SHANGHAI, May 4, 2021 /PRNewswire/ 51job, Inc. (Nasdaq: JOBS) (“51job” or the “Company”), a leading provider of integrated human resource services in China, announced today that its Board of Directors (the “Board”) has received an updated preliminary non-binding proposal letter dated May 4, 2021 (the “Proposal Letter”) from DCP Services Limited, Ocean Link Partners Limited, and Mr. Rick Yan, the Chief Executive Officer of the Company (collectively, the “Consortium”), with respect to the proposed “going-private” transaction wherein the Consortium proposes to acquire all of the outstanding common shares of the Company for US$79.05 in cash per common share (the “Proposed Transaction”). A copy of the Proposal Letter is attached hereto as Exhibit A. ....

Derick Yan , Tony Tianyi Jiang , Julian Wolhardt , Exchange Commission , Company On , Consortium Members , Transaction The Consortium , Ocean Link Partners , Ocean Link Partners Limited , Chief Executive Officer , Proposal Letter , Proposed Transaction , Special Committee , Securities Litigation Reform Act , Preliminary Non Binding Proposal , Acquire All Outstanding Shares , Dong Road , Ooriginal Proposal , Pr Newswire , ரிக் யான் , பரிமாற்றம் தரகு , நிறுவனம் ஆன் , கூட்டமைப்பு உறுப்பினர்கள் , பரிவர்த்தனை தி கூட்டமைப்பு , கடல் இணைப்பு கூட்டாளர்கள் , கடல் இணைப்பு கூட்டாளர்கள் வரையறுக்கப்பட்டவை ,

51job Jumps on New Takeover Bid

Shares of 51job (
JOBS) - Get Report jumped on Tuesday after the China-based HR staffing company said it had received a revised takeover proposal valued at $79.05 cash a share, or $5.3 billion.
DCP Services, Ocean Link Partners and 51job Co-Founder Rick Yan are now partnering for the takeover.
Private-equity firm DCP made the original bid in September at $79.05 a share to take 51job private.
The offer represents a deal value of about $5.33 billion, media reports say
At last check 51job shares jumped 10% to $67.76. They ve traded on Tuesday up as much as 15% at $70.35.
51job had formed a special committee of two independent directors to evaluate the original bid for the company, which was made in September. ....

New York , United States , Zhilian Zhaopin , Derick Yan , Japan Recruit Holdings , Administration For Market Regulation , Ocean Link Partners , Co Founder Rick Yan , Recruit Holdings , Bloomberg News , State Administration , Market Regulation , Mergers And Acquisitions , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ரிக் யான் , ஜப்பான் ஆட்சேர்ப்பு ஹோல்டிங்ஸ் , கடல் இணைப்பு கூட்டாளர்கள் , ஆட்சேர்ப்பு ஹோல்டிங்ஸ் , ப்ளூம்பெர்க் செய்தி , சந்தை ஒழுங்குமுறை , இணைப்புகள் மற்றும் கையகப்படுத்துதல் ,

Chinese recruitment firm 51job receives revised take-private offer of $5b

Chinese recruitment firm 51job receives revised take-private offer of $5b
May 4, 2021
51job Inc said on Tuesday that it had received a revised takeover proposal valued at more than $5 billion from private equity firms DCP Services, Ocean Link Partners, and the Chinese recruitment firm’s co-founder and chief, Rick Yan.
DCP, which made the original bid in September, has roped in the two other investors and sent a revised bid of $79.05 per share to take 51job private.
The offer represents a deal value of about $5.33 billion, according to Reuters’ calculations.
US-listed shares of 51job, which have fallen 10% after the first takeover bid, were up 14.3% premarket on Tuesday. ....

Derick Yan , Ocean Link Partners , ரிக் யான் , கடல் இணைப்பு கூட்டாளர்கள் ,