UK-based multinational publishing and education company Pearson reportedly agreed to buy Brazilian Grupo Multi for GBP440 million in a cash and debt assumption. Grupo Multi provides English language training to over 800,000 students in Brazil.
Pearson PLC
Breaking News
British media and education group Pearson has agreed to sell its Mergermarket news service for 382 million pounds ($624 million), to invest in its global education business.
Industry sources told Reuters that several private firms and companies like Bloomberg News would face heavy competition in acquiring financial news provider Mergermarket.
Malaysia-based private equity firm Navis Capital Partners on Monday said it sold PT Efficient English Services.
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