Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Australian Tuition Provider Navitas Gets $1.4B Takeover Offer
LPNEWS

Australian Tuition Provider Navitas Gets $1.4B Takeover Offer

by reuters.com posted 8months ago 28 views
* Shares hit 8-month high (Adds shares, analyst and shareholder quote, background): SYDNEY (Reuters) - Australian education provider Navitas Ltd (NVT.AX) said on Wednesday it had received a A$1.97 billion ($1.4 billion) takeover bid from an Australian private equity firm and the company’s co-founder, sending its shares 20 percent higher. The offer for the nation’s largest listed private education company was 26.4 percent higher than Tuesday’s closing price, reflecting the value the bidders put on exposure to a volatile but high-growth business.

In this article