CPPIB acquires Nord Anglia Education

|About: Nord Anglia Education Inc. (NORD)|By:, SA News Editor

Nord Anglia Education (NYSE:NORD) agrees to be acquired by Canada Pension Plan Investment Board in a transaction valued at approximately $4.3B, including the repayment of debt.

The deal price is $32.50 per share.

The board of directors of Nord Anglia Education has approved the merger.

An initial go-shop period is 30 days is in place.

Source: Press Release