Wednesday, June 17, 2009

Apollo Global Offers To Buy BPP For 387M Euros

Apollo Global announced a recommended acquisition of BPP Holdings, the UK professional education and training provider, for 387 million Euros. The transaction is conducted via a scheme of arrangement under UK law. The deal is conditional upon EGM approval and OFT approval. Credit Suisse advised Apollo Global while Hawkpoint Parnters advised BPP Global.

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