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Cvc-led Group To Buy 30 Pct Of Gems Education

by pehub.com posted 1week ago 10 views
CVC Capital Partners is leading a group to buy about 30 percent of GEMS Education, a private school operator. Financial terms weren’t announced. Sellers include Fajr Capital Ltd, Blackstone and Bahrain Mumtalakat Holding Co BSC. The CVC group was expected to pay $1 billion for the stake, Bloomberg reported in June.

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