Announced
Financials
Tags
Privatisation
China
Pending
Public
Acquisition
Education Services
Single Bidder
online education
Majority
Friendly
Synopsis
Zhengdong Zhu and Baohong Yin, co-founders of China Distance Education, a provider of online education, offered to acquire and take the company private for $304m. The buyer group intends to fund the consideration for the proposed transaction with a combination of debt and/or equity capital.
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