Hailiang Education International completed the merger with Hailiang Education in a $369m deal.

Hailiang Education International completed the merger with Hailiang Education, a provider of educational services in China, in a $369m deal. The per ADS merger consideration represents a premium of 24.98%. The company's board of directors acting upon the unanimous recommendation of a special committee of independent directors established by the board. The Special Committee negotiated the terms of the merger agreement with the assistance of its financial and legal advisors.