Fundacion Educacion y Cultura completed the acquisition of Instituto Profesional AIEP from Laureate Education for $215m.

Fundacion Educacion y Cultura, an education services provider, completed the acquisition of Instituto Profesional AIEP, an education and professional training services provider, from Laureate Education, an education and professional training services provider, for $215m. “The institutions joining our Foundation have a high-quality educational record that is both solid and inclusive. Each institution brings a unique perspective to the contribution it makes to developing their students, their community and Chile. We are committed to consolidating and continuing to strengthen the future path of each institution," Jorge Selume, Fundación Educación y Cultura Chairman.