Pearson grows its Chinese presence

Francis Hult francis.hult at
Thu Apr 16 15:04:27 UTC 2009

Education Investor


Pearson grows its Chinese presence


Education publishing giant Pearson is to acquire Wall Street English, a China-based English language provider, for $145 million (£97 million) in cash.


Pearson, which publishes the Financial Times newspaper and Penguin books, will buy the training provider from its parent company, Wall Street Institute, which is majority-owned by private equity firm Carlyle Group.


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