BPP’s green light for US takeover - Business - Evening Standard
       

BPP’s green light for US takeover

Training company BPP today agreed a £303.5 million takeover by a US joint venture involving education specialist Apollo and private-equity group Carlyle.

The board of BPP, which runs law and accountancy schools and sixth-form colleges, accepted an offer of 620p a share, sending the stock up 51p to 613½p.

BPP chairman David Sugden said the price was good for shareholders.

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