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BEST Global Partners to Take BEST Inc. Private in a $54.2 Million Cash Deal

  • June 20, 2024

China-based supply chain service provider BEST Inc. (BEST) on June 20, 2024, entered into an agreement to be taken private by BEST Global Partners for $54.2 million.

Deal Structure:

Under the agreement, BEST will receive $2.88 in cash per ADS, representing a premium of 25.22% from the stock’s last close.

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