McGraw-Hill Ed Buys Tata Group's Stake in Joint Venture

McGraw-Hill Education, which is backed by Apollo Global Management, said Wednesday it bought Tata McGraw-Hill Education Private Limited, the company's long-existing joint venture with Tata Group. As part of the agreement, McGraw-Hill Education purchased the minority ownership stake in the company held by two Tata charitable trusts. Financial terms weren't announced.

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