AIF Capital will take minority stake in Chinese university
AIF Capital will acquire a 10% stake in Oriental University City, an educational campus platform owned by Singapore-listed Raffles Education.
In the deal, AIF will pay RMB350 million ($51.3 million) for the stake in the university group, which has around 36,000 enrolled students. Founded in 2000, Oriental University City is located in the Langfang...
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