Announced
Financials
Tags
higher education
Pending
Majority
Single Bidder
Education Services
Private
Malaysia
university campuses
Acquisition
Friendly
Synopsis
HOPE Education Group, an investment holding company which mainly provides higher education services, agreed to acquire a 62% stake in INTI Education Group, which operates private university colleges located in Malaysia, from Laureate Education, a US-based education company, for $140m. "We’re proud of what INTI Education Group has achieved since joining the Laureate network in 2008. Together, we’ve provided students with a quality learning experience that helps make them highly employable in today’s global jobs market. Under the stewardship of HOPE Education Group, I believe INTI will continue to deliver strong outcomes and high student satisfaction," Eilif Serck-Hanssen, Laureate President and CEO.
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