Bright scholar announces appointment of independent financial advisor and legal counsel to the special committee

Foshan, china , july 21, 2022 /prnewswire/ -- bright scholar education holdings limited ("bright scholar" or the "company") (nyse: bedu), a global premier education service company, today announced that the special committee (the "special committee") of the company's board of directors (the "board"), formed to evaluate and consider the previously announced preliminary non-binding acquisition proposal letter dated april 29, 2022 (the "proposal") or any alternative strategic option that the company may pursue, has retained citigroup global markets asia limited as independent financial advisor to the special committee and skadden, arps, slate, meagher & flom llp as legal counsel to the special committee to assist it in this process. the special committee is continuing its review and evaluation of the proposal and any alternative strategic options that the company may pursue.
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