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Announced

Blackstone to acquire a majority stake in Simplilearn for £182m.

Financials

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Transaction Value£182m
Consideration TypeCash
Capital Owned-
Capital Bid For62%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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India

Single Bidder

Friendly

Cross Border

Private Equity

Acquisition

Pending

Majority

Private

online learning

Education Services

Synopsis

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Blackstone agreed to acquire a majority stake in Simplilearn, an online learning boot camp based in India for £182m. "We believe Blackstone can add significant value to our company because of their scale, commitment to building businesses, and global network, which will enable us to develop partnerships with businesses and universities as Simplilearn continues to expand around the world," Krishna Kumar, Simplilearn Founder & CEO.

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