US EditionBEST Inc. Announces Completion of Going Private Transaction
- BEST Inc. Has completed its merger with Phoenix Global Partners, becoming a wholly owned subsidiary of BEST Global Partners.
- As a result of the merger, BEST Inc. Is no longer publicly traded, with stockholders receiving US$2.88 per American Depository Share.
- The company has submitted a request for trading suspension on the NYSE effective March 10, 2025, as part of the merger process.
- Shareholders will receive further instructions on exchanging shares for cash, as outlined in the details provided by BEST Inc.
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Charleston Gazette-Mail+32 Reposted by 32 other sources
BEST Inc. Announces Completion of Going Private Transaction
HANGZHOU, China, March 7, 2025 /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 the completion of its merger (the "Merger")…
·Charleston, United States
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Leaning Left3Leaning Right2Center13Last UpdatedBias Distribution72% Center
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