Chinese HR firm 51job, Inc. (JOBS) announced Monday that certain members of the buyer consortium that formed Garnet Faith Ltd. to acquire the Company pursuant to the previously announced agreement and plan of merger dated as of June 21, 2021, have been in consultation with Chinese regulators on recent regulatory changes in China that may be applicable on the proposed transaction.

Create Account

Dark

chart

exchange

Check out our Dark Pool Levels

Chinese HR firm 51job, Inc. (JOBS) announced Monday that certain members of the buyer consortium that formed Garnet Faith Ltd. to acquire the Company pursuant to the previously announced agreement and plan of merger dated as of June 21, 2021, have been in consultation with Chinese regulators on recent regulatory changes in China that may be applicable on the proposed transaction.

RTTNews | Nov 8, 2021 07:50AM EST

07:49 Monday, November 8, 2021 (RTTNews.com) - Chinese HR firm 51job, Inc. (JOBS) announced Monday that certain members of the buyer consortium that formed Garnet Faith Ltd. to acquire the Company pursuant to the previously announced agreement and plan of merger dated as of June 21, 2021, have been in consultation with Chinese regulators on recent regulatory changes in China that may be applicable on the proposed transaction.

The consultation process by these buyer consortium members is currently ongoing and a clear timeline to its completion cannot be provided at this time.

Read the original article on RTTNews ( https://www.rttnews.com/3240384/51job-says-buyer-consortium-in-consultation-with-chinese-regulators-on-regulatory-changes.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved