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Stock impact report

Laureate Education, Inc. agrees to sell its institutions in Italy and Cyprus to Galileo Global Education

Laureate Education, Inc. (LAUR) 
Last laureate education, inc. earnings: 2/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.laureate.net
Company Research Source: GlobeNewswire
BALTIMORE, Nov. 22, 2017 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ:LAUR), the world’s largest global network of higher education institutions, and Galileo Global Education, a company under the umbrella of Providence Equity, a leading global asset management firm, have signed an agreement for the sale of Laureate’s institutions in Italy and Cyprus for a total transaction value of Euro 225 million (USD 263 million at the current exchange rate). Nuova Accademia di Belle Arti Milano (NABA) and Domus Academy collectively make up one of the largest private fine arts academies in Milan, offering innovative market-aligned products augmented by deep industry immersion and partnerships. European University Cyprus (EUC), which was established in 1961, is a leading fully comprehensive university with the first medical school and only accredited dentistry program in Cyprus. EUC offers unparalleled medical facilities and holds recognition by leading professional medical and healthcar Show less Read more
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