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51job.com Agrees to US$5.7 Billion Privatisation Deal, Latest US-Listed Chinese Firm to Go Private

South China Morning Post

22 Jun 2021

Morison & Foerster partner and global chair of the firm’s Private Equity Group, Marcia Ellis was quoted in the article "51job.com agrees to US$5.7 billion privatisation deal, latest US-listed Chinese firm to go private" published by South China Morning Post on 22 June 2021. 

According the article, 20 Chinese companies agreed to privatisation deals worth U$20.5 billion since the beginning of 2020. Apart from the heightened US-China tensions, Marcia believed that low valuation is also a reason why some Chinese companies would consider privatisation. “A lot of the China-related companies that are listed in the US suffer a sort of China discount for various reasons", Marcia said.

Read the full article.

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