UAE’s Mubadala to buy $600 million stake in UK school operator

UAE’s Mubadala to buy $600 million stake in UK school operator

Abu Dhabi sovereign wealth fund Mubadala Investment Company said on Thursday it would acquire a minority stake in UK-based private school operator Nord Anglia Education for $600 million, joining a consortium led by private equity giant EQT. Other investors in the group include Neuberger Berman, Canada Pension Plan Investment Board, Corporacion Financiera Alba, and Dubai Holding, Mubadala said in a statement. Global investor appetite for educatio…

Mubadala Invests $600 Million in Nord Anglia Education, Strengthening Global Premium Schools Network

Mubadala Investment Company, the Abu Dhabi-based investment company, announced its agreement to acquire a minority stake in Nord Anglia Education, a leading international schools organisation, for $600 million. Mubadala will join the consortium led by global investment organisation EQT which includes Neuberger Berman, Canada Pension Plan Investment Board, Corporación Financiera Alba, S.A., and Dubai Holding. Alvin Teh, Head of Consumer at Mubada…

The sovereign wealth fund of Abu Dhabi is placed as a minority in a round table led by the equity manager EQT who had recently valued the international school group $14.5 billion.

Mubadala to acquire $600m stake in Nord Anglia Education

Nord Anglia operates more than 80 schools across 33 countries, educating over 90,000 students aged two to 18 The post Mubadala to acquire $600m stake in Nord Anglia Education appeared first on Gulf Business.

Abu Dhabi's Mubadala to buy $600mln stake in UK school operator Nord Anglia

The group also includes other high-profile investors such as Neuberger Berman, Canada Pension Plan Investment Board, Corporación Financiera Alba, and Dubai Holding, Mubadala said