Chinese HR firm 51job gets $5.3b takeover approach

New York city skyline. Photo: Todd Quackenbush/Unsplash

51job Inc. received a takeover approach from DCP Capital Partners that values the Chinese human-resources company at $5.3 billion.

DCP, an Asian private-equity firm, made a non-binding cash offer of $79.05 per common share in a letter to the company, 51job said in a statement Thursday. That’s 16% higher than Wednesday’s closing price.

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