Laureate Education, Inc. agrees to sell its interest in its university in China to China YuHua Education Corporation Limited
Laureate Education, Inc. (LAUR)
Last laureate education, inc. earnings: 2/27 07:00 am
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Source: GlobeNewswire
BALTIMORE, Dec. 27, 2017 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ:LAUR), the world’s largest global network of higher education institutions, and China YuHua Education Corporation Limited (HK:6169), have signed an agreement for the sale of Laureate’s interest in Hunan International Economics University (HIEU), for a total transaction value of RMB1,430 million (US dollar equivalent of $218.5 million at current exchange rates). Founded in 1997, HIEU is a comprehensive university serving nearly 30,000 students, and is the largest private university in Hunan province, China. Commenting on the transaction, Eilif Serck-Hanssen, President, and incoming Chief Executive Officer of Laureate, effective January 1, 2018, said, “It has been our privilege to improve academic quality and enhance employment outcomes at HIEU, which serves a community of predominantly first-generation students from rural areas. I believe HIEU is well-positioned to continue delivering strong outcomes and
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Earnings
- 5/2/24 - Miss
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Analyst Actions
- 2/27/24 - TheStreet
LAUR
Sec Filings
- 5/8/24 - Form 4
- 5/7/24 - Form 8-K
- 5/2/24 - Form 10-Q
- LAUR's page on the SEC website