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Bright Scholar Education Holdings Priced, NYSE: BEDU

Largest operator of international and bilingual schools in China.

Industry: Consumer Discretionary

First Day Return: +27.6%

Industry: Consumer Discretionary

We are the largest operator of international and bilingual K-12 schools in China in terms of student enrollment as of September 1, 2016, according to the Frost & Sullivan report. We are dedicated to providing quality international education to Chinese students and equipping them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education overseas. We also complement our international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China. We established one of the first private schools in China in 1994 and have since expanded our network to operate 51 schools as of February 28, 2017, covering the breadth of K-12 academic needs of our students across seven provinces in China. In the first half of the 2017 school year, we had an average of 29,230 students enrolled at our schools, representing an increase of 54.6% from an average of 18,913 students enrolled during the 2014 school year.
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IPO Data
IPO File Date 04/18/2017
Offer Price $10.50
Price Range $8.00 - $10.00
Offer Shares (mm) 15.0
Deal Size ($mm) $158
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 05/17/2017
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $158
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Beijiao Town, China
Founded 1994
Employees at IPO 6,079
Website www.brightscholar.com

Bright Scholar Education Holdings (BEDU) Performance