Tag: buyout

51Job sets up committee to evaluate buyout offer

51Job, the China-based recruitment site, announced today that it had formed a special committee tasked with evaluating the $5.3 billion U.S. buyout offer it received last week. DCP Capital Partners, the private equity firm heading the deal, is offering $79.05 per share, a 16% premium over 51Job’s closing price the day before the deal was announced.

51Job considers $5.3B buyout offer

51Job, the China-based recruitment giant, has received a $5.3 billion U.S. buyout offer from a group led by DCP Capital Partners. The private equity firm is offering $79.05 per share, a 16% premium over 51Job’s closing price Wednesday.