Graham Holdings' Kaplan sells Dublin Business School to China Chunlai for $127.5M

Graham Holdings Co

Kaplan subsidiary sells Dublin Business School to China Chunlai Education Group for $127.5M, subject to adjustments.
Buyer is a leading private higher education provider in China; transaction subject to completion conditions.
Dublin Business School is Ireland's leading independent third-level higher education institution.
Kaplan CEO Andy Rosen says deal is a positive step for Kaplan and its shareholders.
Transaction expected to close once all agreed completion conditions are satisfied.

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