Hillhouse, FountainVest agree $1b Zhaopin take-private
Hillhouse Capital and FountainVest Partners, along with Australia’s Seek International, have agreed to buy US-listed Chinese recruitment website Zhaopin in a deal that values the company at $1.01 billion.
The consortium will pay $18.20 per American Depositary Share (ADS), according to a regulatory filing – a premium to the April 5 closing price of $17.19 and a slight increase from the $18 per-share price...
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