Hillhouse, FountainVest target China jobs site Zhaopin
Hillhouse Capital and FountainVest Partners are seeking to buy Zhaopin in a deal worth more than $1.1 billion, working in partnership with Australia’s Seek, the majority shareholder in the Chinese recruitment website.
The consortium is in advanced discussions with Zhaopin over a bid of $18 per American Depository Share (ADS), according to a filing. The price is higher than those offered last year by two separate groups,...
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