Providence announces terms on $570 million Study Group deal
Providence Equity Partners has announced a final acquisition price of A$660 million ($570 million) for CHAMP Private Equity and Petersen Investments investee Study Group in its first Australian deal.
The final sale price was somewhat above earlier estimates of $523 million for the asset. AVCJ sources emphasized that the educational services provider was one of CHAMP's star assets and would benefit...
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