China Liberal Education Holdings Limited Completes Acquisition Of Oriental Wisdom Cultural Development Co., Ltd.
Acquiring Company
China Liberal Education Holdings Limited
Acquired Company
Beijing Oriental Wisdom Cultural Development Ltd
BeijingOtherProfessional ServicesSoftwareEducationEducationDescription
China Liberal Education Holdings Limited (Nasdaq: CLEU) ("China Liberal," the "Company," or "we"), a China-based company that provides smart campus solutions and other educational services, today announced that it closed the transactions contemplated by the Stock Purchase Agreement entered into on June 9, 2022 by and among the Company, China Liberal (Beijing) Education Technology Co., Ltd., a wholly owned subsidiary of the Company, Oriental Wisdom Cultural Development Co., Ltd., the acquired company ("Oriental Wisdom"), and Beijing Cloud Class Technology Co., Ltd., the seller of the acquired company, and completed its acquisition of Oriental Wisdom, an integrated education services provider focusing on operating jointly-managed academic programs in the vocational higher education industry in China. This acquisition represents the implementation of the Company's business strategy to drive business growth in the vocational education industry through integrating enterprises and developing vocational education across various industries.
Quick answer
China Liberal Education Holdings Limited is acquiring Beijing Oriental Wisdom Cultural Development Ltd, announced July 14, 2022. China Liberal Education Holdings Limited is based in Beijing, Beijing, China.
- How much did China Liberal Education Holdings Limited pay for Beijing Oriental Wisdom Cultural Development Ltd?
- The deal value was not disclosed.
- What does China Liberal Education Holdings Limited do?
- China Liberal, headquartered in Beijing, is an educational services provider in China.
- Where are China Liberal Education Holdings Limited and Beijing Oriental Wisdom Cultural Development Ltd based?
- China Liberal Education Holdings Limited is based in Beijing, Beijing, China.
Source: Fundz verified event record.
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Frequently asked
Who acquired Beijing Oriental Wisdom Cultural Development Ltd?
Beijing Oriental Wisdom Cultural Development Ltd was acquired by China Liberal Education Holdings Limited, based in Beijing. The deal was reported on July 14, 2022. China Liberal, headquartered in Beijing, is an educational services provider in China. China Liberal Education Holdings Limited is privately held and operates in Other.
When did China Liberal Education Holdings Limited acquire Beijing Oriental Wisdom Cultural Development Ltd?
China Liberal Education Holdings Limited's acquisition of Beijing Oriental Wisdom Cultural Development Ltd was reported on July 14, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Beijing Oriental Wisdom Cultural Development Ltd do?
Beijing Oriental Wisdom Cultural Development Co., Ltd. is an integrated services provider in the higher education industry in China. It is privately held, operating in Education.
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