Nord Anglia Education to be taken private by CPPIB, Baring: Reuters
Nord Anglia Education Inc, a Hong Kong-based operator of international schools, said it would be taken private by Canada Pension Plan Investment Board and Baring Private Equity Asia in a deal that values the company at US$4.3 billion, including debt, Reuters reported. Baring has a 67 percent stake in Nord Anglia, which operates 43 schools in 15 countries. The deal includes a so-called go-shop period, during which Nord Anglia can evaluate proposals from other buyers for 30 days.
25 April 2017•1 min read
