Laureate Education Completes Divesture of Operations in Honduras
Laureate Education, Inc. (LAUR)
Last laureate education, inc. earnings: 2/27 07:00 am
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Source: PR Newswire
BALTIMORE, March 8, 2021 /PRNewswire/ -- Laureate Education, Inc. (NASDAQ: LAUR) today announced that it has completed the divestiture of its operations in Honduras to Fundación Nasser, transferring control of Fundaempresa, which manages Universidad Tecnológica Centroamericana (UNITEC), including Centro Universitario Tecnológico (CEUTEC).Fundación Nasser is a not-for-profit foundation with more than 20 years of experience in Honduras, having developed and implemented initiatives focused on education, social development, and entrepreneurship in Honduras. In announcing the completion of the divestiture, President and Chief Executive Officer of Laureate, Eilif Serck-Hanssen, said: "We are proud of the role that Laureate has played in developing these highly regarded institutions and of our contribution to the expansion and accessibility of higher education in Honduras, which fosters social mobility and provides opportunities for people to improve their lives.""We wish Fundación Nasser, U
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