Laureate Education, Inc. acquired the remaining 25% stake in CH Holding Netherlands BV for $29 million.
January 23, 2013 at 11:00 pm EST
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Laureate Education, Inc. acquired the remaining 25% stake in CH Holding Netherlands BV for $29 million in January 2013. An initial cash payment of $5 million was made on January 24, 2013 while for the remaining amount of $24 million, a seller note repayable in 5 annual installments was issued.
Laureate Education, Inc. completed the acquisition of the remaining 25% stake in CH Holding Netherlands BV in January 2013.
Laureate Education, Inc. operates a portfolio of degree-granting higher education institutions (Laureate International Universities network) in Mexico and Peru. Laureate International Universities network offers a range of undergraduate and graduate degrees through campus-based, online and hybrid programs. It has approximately 450,000 students enrolled at five institutions with over 50 campuses. It has two segments: Mexico and Peru. It owns Universidad del Valle de Mexico (UVM) and Universidad Tecnologica de Mexico (UNITEC) in Mexico. It also owns Universidad Peruana de Ciencias Aplicadas (UPC), Universidad Privada del Norte (UPN) and CIBERTEC institution in Peru. Its institutions in Mexico and Peru offer traditional higher education students a private education alternative, with multiple brands and price points in each market and program. The Company offers various programs, including medicine and health sciences, engineering and information technology, and business and management.
LAUREATE EDUCATION, INC. 
