China Private Equity takes 40% of China iEducation
China Private Equity Investments Holdings (CPE) has taken a 40% stake in digital content provider China iEducation Group for $2 million – capital that will be used to restructure China iEducation’s operations and fund its expansion aspirations.
According to the companies, $1 million of CPE's commitment will be used to acquire existing ordinary shares. CPE will then work with CEO Peter Mo to reorganise the business under a new corporate structure,...
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