NY-Listed Zhaopin In Advanced Talks With SEEK, Hillhouse On Take-Private Deal

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New York-listed Chinese online recruiting portal Zhaopin Ltd. said that it is in advanced discussions with a consortium led by its largest shareholder SEEK International Investments Pty Ltd., together with investment firms Hillhouse Capital Management and FountainVest Partners, about a potential buyout transaction to take the company private.

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Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.