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POTENTIAL DEAL DETAILS
| Stock | 51job, Inc. | Symbol | JOBS |
| Date Announced | 05/04/2021 | Source | Press Release |
| Type | Unsolicited Bid | Acquiring Company/Person | N/A |
| Date of Confirmation: | 06/21/2021 | Price at Confirmation: | N/A |
| Potential Profit: | N/A | Annualized 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
Update(s):
June 21, 2021: 51job, Inc. (JOBS), announced that it has entered into a definitive Agreement and Plan of Merger with Garnet Faith Limited.
Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.