Bright Scholar Education Holdings Ltd. Receives Buyout Proposal from Chairman and CEO

Reuters
05-28
Bright Scholar Education Holdings Ltd. Receives Buyout Proposal from Chairman and CEO

Bright Scholar Education Holdings Ltd., a global education service company, has announced the receipt of a preliminary non-binding proposal from a group led by its chairperson, Mr. Hongru Zhou, and CEO, Mr. Ruolei Niu, along with several shareholders. This Buyer Group has proposed to acquire all of the outstanding Class A ordinary shares, including those represented by American depositary shares, at a price of US$0.50 per Share or US$2.00 per ADS in cash. The offer represents a significant premium over recent closing prices. The board of directors is currently reviewing the proposal and plans to form a special committee to evaluate it further.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bright Scholar Education Holdings Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN97583) on May 28, 2025, and is solely responsible for the information contained therein.

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