Announced
Financials
Sources
Tags
Taiwan
Private
education services
Friendly
Single Bidder
Cross Border
Majority
Acquisition
Pending
Education Services
Synopsis
IDP, a provider of student placement services, agreed to acquire Intake Education, an international education organisation. The agreement is expected to be completed in November. Financial terms were not disclosed. “Intake’s geographic footprint complements IDP’s global network. In some markets such as the Philippines and Thailand, IDP and Intake are the two clear market leaders, whereas in other areas, such as West Africa and Taiwan, IDP can learn from Intake’s market presence,” Murray Walton, IDP Interim CEO.
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