The Learning Lab owner seeking $677 million from sale of tuition chain's S-E Asia operations
https://www.straitstimes.com/busine...g-lab-owner-seeking-677-million-from-its-saleSINGAPORE (BLOOMBERG) - US buyout firm Advent International Corp is considering selling the South-east Asian operations of The Learning Lab, a Singapore-based chain of tuition centres, according to people with knowledge of the plan.
The Boston-based private-equity fund is working with Rothschild & Co on the sale process, and is seeking to raise at least US$500 million (S$677 million) from the transaction, the people said, asking not to be identified as the information is private.
