BEST Inc. Enters into Definitive Agreement for "Going Private" Transaction
BEST Inc. American Depositary Shares, each representing five Class A Ordinary Share (BEST)
Last best inc. american depositary shares, each representing five class a ordinary share earnings: 3/12 06:33 am
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Source: PR Newswire
HANGZHOU, China, June 20, 2024 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia, today announced that it has entered into an Agreement and Plan of Merger (the "Merger Agreement") with BEST Global Partners, an exempted company with limited liability incorporated under the laws of the Cayman Islands ("Parent") and Phoenix Global Partners, an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent ("Merger Sub"). Pursuant to the Merger Agreement, Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly owned subsidiary of Parent (the "Merger"), in a transaction implying an equity value of the Company of approximately US$54.2 million. As a result of the Merger, the Company will become an indirect, wholly owned subsidiary of P
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BEST
News
- SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates BEST, OSG, SQSP, VAPO on Behalf of ShareholdersGlobeNewswire
- Kuehn Law Encourages BEST, VAPO, SQSP, and OSG Investors to Contact Law FirmPR Newswire
- Shareholder Alert: Ademi LLP investigates whether BEST Inc. has obtained a Fair Price for its Public ShareholdersPR Newswire
- BEST Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of BEST Inc. Is Fair to ShareholdersBusiness Wire
- BEST Inc. Enters into Definitive Agreement for "Going Private" Transaction [Yahoo! Finance]Yahoo! Finance
BEST
Sec Filings
- 6/21/24 - Form SC
- 6/20/24 - Form 6-K
- 6/12/24 - Form 6-K
- BEST's page on the SEC website