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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.

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.

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.

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