China Distance Education (DL US): Takeover Proposal by the Founders
On 8th June, the top shareholders of China Distance Education Hldgs Ltd (Adr) (DL US), Mr.Zhengdong Zhu and his spouse Ms. Baohong Yin, made a...
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Youdao IPO: Valuation Calls for a Compulsory Re-Education
Youdao (DAO US) is the online learning unit of Netease Inc (Adr) (NTES US), a 66% shareholder. Youdao has launched its IPO at an indicative price...
605 Views
Puxin Education IPO Review - Asking for 4.9x of Company's Total Acquisition Cost Since 2015
Puxin Ltd (NEW US) is looking to raise up to US$144m in its upcoming IPO. Proceeds will be mostly used for strategic acquisitions with any...
844 Views
TAL Education: Policy Headwind and Restructuring Risks
This note is not intended to be a preview of TAL Education Group (TAL US) FQ4 2018 (ended Feb 28, 2018) in coming weeks. Recently, management has...
366 Views
OneSmart Education IPO: Leader in the One-On-One Tutoring but Wider Discount Needed
OneSmart Education (ONE US), a leading premium after-school tutoring service provider headquartered in Shanghai, is raising USD200m in its IPO to...
421 Views