ADB, Kaizen back Philippines education business
The Asian Development Bank (ADB) and education-focused Kaizen Private Equity have invested PHP1.6 billion ($31.5 million) in Phinma Education Holdings, the tertiary education arm of Philippines-based conglomerate Phinma.
Phinma Education operates six universities and colleges in the Philippines, offering programs at bachelor’s and graduate levels, along with basic education through affiliated high schools. The company...
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