DivestmentAug 5, 2026, 05:07 PM
Graham Holdings Subsidiary Sells Dublin Business School for $127.5M
AI Summary
Graham Holdings Co's subsidiary, Kaplan, Inc., announced an agreement to sell Dublin Business School to China Chunlai Education Group Co., Ltd. for $127.5 million. The transaction involves the sale of all outstanding shares of Accountancy & Business College (Ireland) Limited, which operates Dublin Business School, along with certain intellectual property. Completion of the sale is contingent upon the satisfaction of specific conditions.
Key Highlights
- Kaplan, Inc., a Graham Holdings subsidiary, agreed to sell Dublin Business School.
- The buyer is China Chunlai Education Group Co., Ltd., a private higher education provider.
- The sale price for Dublin Business School is $127.5 million.
- The transaction is subject to the satisfaction of agreed completion conditions.
- Dublin Business School is operated by Accountancy & Business College (Ireland) Limited.
Price Impact
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