Bright Scholar Announces Entry into Agreement to Acquire Equity Interests in Yinzhe
Bright Scholar Education Holdings Limited American Depositary Shares, each representing four Class A Ordinary Share (BEDU)
Last bright scholar education holdings limited american depositary shares, each representing four class a ordinary share earnings: 4/28 05:00 pm
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brightscholar.com/ir_overview.html
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Source: PR Newswire
FOSHAN, China, Sept. 21, 2018 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), the largest operator of international and bilingual K-12 schools in China*, today announced that it entered into an agreement to acquire 75% equity interests in Chengdu Yinzhe Education and Technology Co., Ltd.("Yinzhe") for a total consideration of RMB202.5 million which will be paid in four installments subject to the satisfaction of various closing condition and earn-out arrangements. Subject to the future financial performance of Yinzhe and other conditions under the acquisition agreement, the Company may acquire up to an additional 15% equity interests in Yinzhe from year 2021 to 2023.Established in 2015, Yinzhe primarily engages in online career and education mentoring services to overseas Chinese students under brand "DreambigCareer". During the past four years, Yinzhe had successfully helped overseas Chinese students obtain over
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News
- Bright Scholar Education Holdings Limited (NYSE:BEDU) Q2 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Bright Scholar Announces Unaudited Financial Results for the Second Quarter of Fiscal 2024 [Yahoo! Finance]Yahoo! Finance
- Bright Scholar Announces Unaudited Financial Results for the Second Quarter of Fiscal 2024PR Newswire
- Bright Scholar Schedules Unaudited Financial Results for the Second Quarter of Fiscal 2024 Ended February 29, 2024 [Yahoo! Finance]Yahoo! Finance
- Bright Scholar Schedules Unaudited Financial Results for the Second Quarter of Fiscal 2024 Ended February 29, 2024PR Newswire
BEDU
Analyst Actions
- 2/6/24 - TheStreet
BEDU
Sec Filings
- 4/19/24 - Form 6-K
- 2/22/24 - Form 6-K/A
- 2/14/24 - Form SC
- BEDU's page on the SEC website