Clifford Chance has advised on the AU$128 million sale of Australian higher education provider King’s Own Institute to HKEX-listed China Education Group.
The acquisition of KOI forms part of CEG’s growth strategy in the higher education sector.
KOI is an Australian private tertiary level higher education provider offering accredited degree courses including accounting, business and IT to both domestic and international students.
CEG is a leading private higher and vocational education group in China, with approximately 178,000 enrolled students as at September 2019.
Clifford Chance acted for the shareholders of KOI in connection with the transaction. Partner Mark Currell (Picture) and counsel Jacob Kahwaji led the matter from Sydney.
Law Firms: Clifford Chance;
Clients: King’s Own Institute ;