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Education & Training Services M&A image Education & Training Services M&A » By The Online Investor Staff, updated Thu., May. 26, 12:52 AM Recent mergers and acquisitions in the Education & Training Services M&A category.

Slide #13. CIBT Education Group Inc. Linkman International Language Institute

Acquirer: CIBT Education Group Inc. (TSE:MBA.CA)
Acquiree: Linkman International Language Institute
Details: CIBT Education Group Inc. is pleased to announce that it has entered into a Letter of Intent with Linkman International Language Institute ("Linkman") to acquire shares from treasury representing 95% of all issued and outstanding shares of Linkman at closing. Subject to due diligence, the receipt of all necessary approvals and the satisfaction of other conditions, this acquisition is expected to close within the next eight weeks. Details of the transaction will be announced after closing.

CIBT Education Group is an educational and student-housing investment company. Co.'s business operations include education, media communications, revenue producing properties and real estate development. Co's business activities include the operation of a network of business, technical and language colleges in North America and Asia; the recruitment of international students to North America; as well as the development and management of student-centric accommodations. Co.'s subsidiary, IRIX Design Group Inc. provides a range of production, design and marketing services including corporate identity development, personal profile building, online marketing, and advertising.

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Company Name: 
CIBT Education Group Inc
Website: 
www.cibt.net
Sector: 
Education & Training Services
 

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