Pearson to acquire Global Education and Technology Group
November 28, 2011 Category Mergers & Acquisitions, Weekly
UK publishing group Pearson agreed to buy China’s Global Education and Technology Group, which prepares students for English language tests, for USD155 million, extending its reach in China from eight cities to 60. In 2009 Pearson acquired the Wall Street English language centers, while Global Education and Technology has a network of 450 centers in China.
Recent News
- KURT VANDEPUTTE (UMICORE) APPOINTED CHAIRMAN OF THE BOARD OF THE FLANDERS-CHINA CHAMBER OF COMMERCE (FCCC)
- Webinar: “Knowing Your Chinese Partner” – May 26, 2021, 10 am – 12 am
- EMA starts rolling review of CoronaVac, WHO approves Sinopharm vaccine for emergency use
- The Global Times warns not to politicize the Comprehensive Agreement on Investment (CAI)
- Hainan to become biggest duty-free market in the world