Permira buys China, Indonesia English tuition business
Permira has acquired a majority stake in EF Kids & Teens, an English language education provider that operates 288 schools in China and 79 in Indonesia.
The size of the deal was not disclosed. Mergermarket, AVCJ’s sister publication, previously reported that the transaction valued the business at $1.5-2 billion, based on EBITDA of around $100 million...
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