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BRIEF-Nord Anglia Education enters into agreement to be acquired
April 25, 2017 / 11:41 AM / 8 months ago

BRIEF-Nord Anglia Education enters into agreement to be acquired

April 25 (Reuters) - Nord Anglia Education Inc

* Transaction valued at approximately $4.3 billion

* Enters into agreement to be acquired by consortium led by Canada Pension Plan Investment Board and baring private equity Asia

* Nord Anglia Education shareholders to receive $32.50 per share in cash

* Deal to be financed through a combination of cash contributed by CPPIB and BPEA and third party financing

* Merger agreement provides for a so-called “go-shop” period

* Initial go-shop period is 30 days as per merger agreement

* If completed, merger will result in company becoming a privately-owned company Source text for Eikon: Further company coverage:

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