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China Liberal Education Holdings Limited Announces Closing Of Acquisition Of Wanwang Investment Limited

PRIVATESep 02, 2022

Acquiring Company

China Liberal Education Holdings Limited

Acquired Company

Wanwang Investment Limited

BeijingOtherProfessional ServicesSoftwareEducationEducationNon Profit

Description

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 has closed its previously announced acquisition 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. This acquisition represents a transformational milestone for China Liberal to directly operate colleges and further expand business scale toward its growth goals.

Quick answer

China Liberal Education Holdings Limited is acquiring Wanwang Investment Limited, announced September 2, 2022. China Liberal Education Holdings Limited is based in Beijing, Beijing, China.

How much did China Liberal Education Holdings Limited pay for Wanwang Investment Limited?
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 Wanwang Investment Limited based?
China Liberal Education Holdings Limited is based in Beijing, Beijing, China.

Source: Fundz verified event record.

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Company Information

Company

China Liberal Education Holdings Limited

Location

Beijing, Beijing, China

About

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.

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Frequently asked

Who acquired Wanwang Investment Limited?

Wanwang Investment Limited was acquired by China Liberal Education Holdings Limited, based in Beijing. The deal was reported on September 2, 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 Wanwang Investment Limited?

China Liberal Education Holdings Limited's acquisition of Wanwang Investment Limited was reported on September 2, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Wanwang Investment Limited do?

Wanwang Investment Limited operates an independent three-year college and a four-year college through its subsidiaries, which were formed by a public school but operated as private schools. It is privately held, operating in Education.

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