Inspired Education to acquire Wey Education for £70m.

Inspired Education, an international provider of private schools, agreed to acquire Wey Education, the AIM listed holding company of an educational group providing services online worldwide, for £70m. "We are pleased to receive the recommendation from the Board of Directors for the acquisition of Wey Education, a long-term leader in online education with a strong reputation in the UK and international markets. We believe this represents an exciting development for both Inspired and Wey Education, which will support the Combined Group's growth nationally and internationally. Wey Education, which is providing a British curriculum education through its online live teaching and learning platform, will now be able to benefit from the support of a global schools group with leading educational experts, strong brand recognition, and premium physical facilities across the globe," Nadim Nsouli, Inspired Founder, Chairman and CEO.