51job Inc logo

JOBS - 51job Inc News Story

$71.51 -0.1  -0.1%

Last Trade - 13/05/21

Large Cap
Market Cap £3.43bn
Enterprise Value £2.25bn
Revenue £406.6m
Position in Universe 1400th / 6855

BUZZ-China-based 51job soars on $5.31 bln buyout proposal

Thu 17th September, 2020 5:23pm
** Human resource services provider's shares  JOBS.O  soar
16.6% to a seven-month high of $79.43, set for their best day
since March 2018 
    ** China-based co says it received an all-cash buyout
proposal from DCP Capital Partners that values co at $79.05
per/shr, representing a premium of 16% to stock's last close
    ** The total value of the proposal will be $5.31 bln,
according to Reuters calculations 
    ** DCP plans to fund the deal with its equity capital and
debt financing
    ** JOBS stock down 6.5% YTD

 (Reporting by C Nivedita in Bengaluru)
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.