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King’s Own Institute sells for $128m

Australian higher education provider King’s Own Institute has been advised on its sale to China Education Group.

October 24, 2019 • By Jerome Doraisamy
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King's Own Institute

Source: Google Maps

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Firm: Clifford Chance (King’s Own Institute); unknown (China Education Group).

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Deal: CC advised the shareholders of KOI on its $128 million sale to HKEX-listed China Education Group.

 
 

Area: Corporate.

Value: $128 million.

Key players: The CC team was led by partner Mark Currell and counsel Jacob Kahwaji.

Deal significance: Speaking about the deal, Mr Kahwaji said: "We are delighted to have supported the shareholders of KOI in bringing this transaction to fruition.”

“Australia represents one of the most popular and fastest-growing international student markets in the world, and the Australian education sector continues to be the subject of interest from private equity and trade buyers throughout the region,” he added.

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Jerome Doraisamy

Jerome Doraisamy

Author

Jerome Doraisamy is the managing editor of professional services (including Lawyers Weekly, HR Leader, Accountants Daily, and Accounting Times). He is also the author of The Wellness Doctrines book series, an admitted solicitor in New South Wales, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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