Noticias y eventos de Bright Scholar Education Holdings Ltd (BEDU)BEDUBright Scholar Education Holdings Ltd

Bright Scholar Completes Merger with Bright Education Mergersub

Bright Scholar Education announced the completion of the merger of the company with Bright Education Mergersub pursuant to the previously announced Agreement and Plan of Merger, dated as of October 13, 2025, by and among the company, Parent and Merger Sub. As a result of the Merger, Bright Scholar became a wholly owned subsidiary of Parent, and the ADSs of the company no longer trade on the New York Stock Exchange.

Bright Scholar Signs Deal for Private Acquisition

Bright Scholar Education announced that it has entered into an agreement and plan of merger with Excellence Education Investment and Bright Education Mergersub, a wholly owned subsidiary of parent. Pursuant to the merger agreement and subject to the terms and conditions thereof, Merger Sub will be merged with and into the company, with the company continuing as the surviving company and becoming a wholly owned subsidiary of parent. At the effective time of the merger, each American depository share of the company, representing four Class A ordinary shares of the company, issued and outstanding immediately prior to the effective time, other than ADSs representing the excluded shares, together with the underlying shares represented by such ADSs, will be cancelled in exchange for the right to receive $2.30 in cash per ADS without interest, and each share of the company issued and outstanding immediately prior to the effective time, other than the excluded shares, shares represented by ADSs and the dissenting shares, will be cancelled in exchange for the right to receive 57.5c in cash per share without interest. The merger consideration represents a premium of approximately 47.4% to the closing price of the ADSs on May 23, the last trading day prior to the company's receipt of the preliminary non-binding proposal from the buyer group and premiums of approximately 39.4% and 35.9% to the volume-weighted average closing price of the ADSs during the last 30 trading days and 60 trading days, respectively, prior to and including May 23. The merger will be funded through a combination of cash contribution from Wisdom Avenue Global and Waterflower Investment pursuant to a subscription agreement, equity rollover by Sure Brilliant Global of all shares it holds in the company pursuant to a rollover agreement, and transfer by Ultimate Wise Group of all shares it holds to Merger Sub for nominal value pursuant to a share purchase agreement. The board of directors approved the merger agreement and the merger. The merger is currently expected to close in 2025 and is subject to customary closing conditions. If completed, the merger will result in the company becoming a privately held company, and its ADSs will no longer be listed on The New York Stock Exchange, and the company's ADS program will be terminated.

Bright Scholar receives 50c per share proposal to be taken private

Bright Scholar announced that its board of directors has received a preliminary non-binding proposal letter from Hongru Zhou, its chairperson of the board, Ruolei Niu, its chief executive officer, and several of its shareholders, including Excellence Education, Ultimate Wise Group and Sure Brilliant Global, proposing to acquire all of the outstanding Class A ordinary shares of the company, including Class A shares represented by American depositary shares that are not already beneficially owned by the members of the buyer group for a purchase price of 50c per share in cash in a going private transaction, subject to certain customary conditions. The price represents a premium of approximately 28.21% to the closing price of the ADSs on May 23, the last trading day prior to the date of the proposal and a premium of approximately 23.58% and 18.08% to the volume-weighted average closing price of the ADSs during the last 30 and 60 trading days, respectively. According to the proposal, the proposed transaction is intended to be financed with equity and/or debt capital by the buyer group. The board intends to form a special committee consisting of independent and disinterested directors to consider the proposal. The board expects that the special committee will retain independent advisors, including independent financial and legal advisors, to assist it in this process.