Announced
Financials
Tags
Education Services
Majority
Friendly
Private
Single Bidder
United Kingdom
educational resources
Acquisition
Failed
Synopsis
The Council of the City of Wakefield terminated the deal to acquire Findel Education, a UK-based educational resources supplier, from Studio Retail Group, the online value retail and education business, for £50m ($66m). The deal was abandoned after Competition and Markets Authority said a deal would result in schools having “higher prices or reduced service”.
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