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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. ....

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51job Receives Updated Non-binding Proposal Letter From Consortium

51job Receives Updated Non-binding Proposal Letter From Consortium
BEIJING (dpa-AFX) - 51job, Inc. (JOBS) said the company s Board has received an updated preliminary non-binding proposal letter from DCP Services Limited, Ocean Link Partners Limited, and Rick Yan, the Chief Executive Officer of 51job, with respect to the proposed going-private deal wherein the Consortium proposes to acquire all of the outstanding common shares of the company for $79.05 in cash per share.
51job, Inc. said the Special Committee of its Board will continue to evaluate the proposed deal in light of the latest development.
Copyright RTT News/dpa-AFX
© 2021 AFX News ....

Derick Yan , Ocean Link Partners , Ocean Link Partners Limited , Chief Executive Officer , Special Committee , ரிக் யான் , கடல் இணைப்பு கூட்டாளர்கள் , கடல் இணைப்பு கூட்டாளர்கள் வரையறுக்கப்பட்டவை , தலைமை நிர்வாகி அதிகாரி , சிறப்பு குழு ,

Why 51job Stock Defied the Downturn and Popped Today

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I like things that go boom. Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered and continue to cover everything from retailers to consumer goods stocks, and from tech to banks to insurers as well. Follow me on Twitter or Facebook for the most important developments in defense & aerospace news, and other great stories besides.
What happened
Mr. Market threw a hissy fit Tuesday, sending the Nasdaq down more than 2% in response to reports that interest rates may soon being rising. But investors in Chinese online employment agency ....

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

51job, Inc. Announces Receipt of an Updated Non-Binding Proposal to Acquire the Company
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , Hong Kong , Derick Yan , Tony Tianyi Jiang , Julian Wolhardt , Venus Medtech , Morgan Stanley , Company Board Of Directors , Transaction The Consortium , Ocean Link Partners , Exchange Commission , Company On , Consortium Members , China International Capital Corp , American Depositary Shares Of The Company , Haier Electronics , 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 , Ooriginal Proposal , Initial Consortium Members ,

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

51job, Inc. Announces Receipt of an Updated Non-Binding Proposal to Acquire the Company
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

United States , Hong Kong , Derick Yan , Tony Tianyi Jiang , Julian Wolhardt , Venus Medtech , Morgan Stanley , Company Board Of Directors , Transaction The Consortium , Ocean Link Partners , Exchange Commission , Company On , Consortium Members , China International Capital Corp , American Depositary Shares Of The Company , Haier Electronics , 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 , Ooriginal Proposal , Initial Consortium Members ,