BRIEF-Bright Scholar Enters Into Definitive Agreement For Going-Private Transaction

Reuters
Oct 13
BRIEF-Bright Scholar Enters Into Definitive Agreement For Going-Private Transaction

Oct 13 (Reuters) - Bright Scholar Education Holdings Ltd BEDU.N:

  • BRIGHT SCHOLAR ENTERS INTO DEFINITIVE AGREEMENT FOR GOING-PRIVATE TRANSACTION

  • BRIGHT SCHOLAR EDUCATION HOLDINGS LTD - ENTERED PLAN OF MERGER WITH EXCELLENCE EDUCATION INVESTMENT AND BRIGHT EDUCATION MERGERSUB LIMITED

  • BRIGHT SCHOLAR EDUCATION HOLDINGS - CO TO BECOME WHOLLY OWNED SUBSIDIARY OF EXCELLENCE EDUCATION INVESTMENT POST-MERGER

  • BRIGHT SCHOLAR EDUCATION: EACH ADS REPRESENTING 4 CLASS A ORDINARY SHARES TO BE CANCELLED FOR RIGHT TO RECEIVE $2.30/ADS WITHOUT INTEREST

  • BRIGHT SCHOLAR EDUCATION: SOME SHARES OF CO TO BE CANCELLED FOR RIGHT TO RECEIVE $0.575 IN CASH PER SHARE WITHOUT INTEREST

Source text: ID:nPn2YmS1la

Further company coverage: BEDU.N

((Reuters.Briefs@thomsonreuters.com;))

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