China Liberal Education Holdings Limited Enters Into Definitive Agreement To Acquire Wanwang Investment Limited
China Liberal Education Holdings Limited Enters Into Definitive Agreement To Acquire Wanwang Investment Limited
02/03/22, 4:00 AM
Location
beijingIndustry
professional services
other
software
education
China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal", or the "Company", or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that on February 1, 2022, the Company entered into a definitive stock purchase agreement (the "Agreement") with the shareholders of Wanwang Investment Limited ("Wanwang"), the operator of an independent three-year college and a four-year college in China with a total student enrollment of over 4,200, to acquire 100% equity interest of Wanwang. This acquisition represents a transformational milestone for China Liberal to directly operate colleges as the owner.
Company Info
Location
beijing, beijing, china
Additional Info
China Liberal, headquartered in Beijing, is an educational services provider in China. It provides a wide range of services, including those under sino-foreign jointly managed academic programs; overseas study consulting services; technological consulting services for Chinese universities to improve their campus information and data management system and to optimize their teaching, operating and management environment, creating a "smart campus"; and tailored job readiness training to graduating students. For more information, please visit the company's website at ir.chinaliberal.com.