HOPE Education Group to acquire a 62% stake in INTI Education Group from Laureate Education for $140m.

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.