Thread regarding Laureate Education layoffs

Selling off INTI schools in Malaysia

"Laureate Education, Inc. (LAUR) announced today that it has entered into an agreement with HOPE Education Group (Hong Kong) Company Limited for the sale of Laureate’s INTI Education Holdings Sdn. Bhd. and its subsidiaries (INTI Education Group), a group of higher education institutions in Malaysia."

"The transaction value is US$140 million, which includes a US$14 million payment to a minority equity shareholder."

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