Thread regarding Laureate Education layoffs

Laureate Education unloads universities in Spain and Portugal

Laureate Education (NASDAQ:LAUR) says it inked a deal to sell its institutions in Spain and Portugal to a company backed by the Permira funds for €770M ($871M at the current exchange rate).

The institutions included in this agreement are Universidad Europea de Madrid, Universidad Europea de Valencia, Universidad Europea de Canarias, Universidade Europeia in Portugal and Instituto Português de Administração de Marketing in Portugal.


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