Palamon Capital to buy Business School24

Palamon Capital Partners said Aug. 9 that it has agreed to buy Business School24 SpA from Il Sole 24 Ore SpA. Palamon is buying 49 percent of Business School24 at an 80 million euro ($93.9 million) valuation with a call option to buy another 2 percent in May 2018. The deal also calls for Palamon to acquire additional equity while Il Sole will retain 20 percent. Business School24, with headquarters in Milan and Rome, provides professionally-oriented postgraduate education and training.

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