CVC to acquire $200m stake in China education company – report
CVC Capital Partners is said to be investing around $200 million in Chinese education company EIC Group, buying shares from the founder and existing investor Actis Capital.
The exact stake CVC will hold is not known, but the deal will give CVC a substantial stake and a greater level of management control over EIC than Actis had, according to Reuters. Actis bought a minority...
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