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.
Firm: Clifford Chance (King’s Own Institute); unknown (China Education Group).
Deal: CC advised the shareholders of KOI on its $128 million sale to HKEX-listed China Education Group.
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.