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51job (JOBS) Announces Receipt of an Updated Non-Binding Proposal to Acquire the Company

  • May 4, 2021


Stock51job, Inc.SymbolJOBS
Date Announced05/04/2021Source Press Release
TypeUnsolicited BidAcquiring Company/Person N/A
Date of Confirmation: 06/21/2021Price at Confirmation: N/A
Potential Profit: N/AAnnualized Profit: N/A

51job, Inc. (JOBS), a leading provider of integrated human resource services in China, announced today that its Board of Directors has received an updated preliminary non-binding proposal letter dated May 4, 2021 from DCP Services Limited, Ocean Link Partners Limited, and Mr. Rick Yan, the Chief Executive Officer of the Company, with respect to the proposed “going-private” transaction wherein the Consortium proposes to acquire all of the outstanding common shares of the Company


June 21, 2021: 51job, Inc. (JOBS), announced that it has entered into a definitive Agreement and Plan of Merger with Garnet Faith Limited.

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