Chinese recruitment firm 51job receives revised take-private offer of $5b

51job Inc said on Tuesday that it had received a revised takeover proposal valued at more than $5 billion from private equity firms DCP Services, Ocean Link Partners, and the Chinese recruitment firm’s co-founder and chief, Rick Yan.

DCP, which made the original bid in September, has roped in the two other investors and sent a revised bid of $79.05 per share to take 51job private.

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