Caisse buys into higher education

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CANADA/US - The C$122bn Caisse de dépôt et placement du Québec is part of a consortium of investors bidding for NASDAQ-listed higher education provider Laureate Education.

The all cash transaction, valued at around US$3.8bn, is being led by the company’s chairman and CEO, Douglas L. Becker. Besides Caisse, the consortium includes: Kohlberg Kravis Roberts & Co.; Citig...

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