Nord Anglia investors OK acquisition by CPPIB, Baring

Shareholders of Nord Anglia Education Inc (NYSE: NORD) have voted in favour of the company's acquisition by Canada Pension Plan Investment Board (CPPIB) and Baring Private Equity Asia. The deal, announced in April, values Nord Anglia at US$4.3 billion, including debt. With the deal's forthcoming close, the company will be delisted from the New York Stock Exchange. Based in Hong Kong, Nord Anglia operates 46 international schools located in China, Europe, the Middle East, Southeast Asia and North America.

22 August 2017•3 mins read
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