Hillhouse Hikes Stake In Chinese K-12 Tutoring Firm After $500M Deal

TAL Education Group, a Chinese after-school tutoring services provider, announced on February 18 that it has sold about US$500 million of newly-issued Class A common shares to a long-term equity investment firm, which makes the investor hold approximately 7% of its outstanding shares. The Beijing-based K-12 students oriented company said in a statement that the […]

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