Brief: Bright Scholar Enters Into Agreement To Acquire Eight Kindergartens For RMB70.55 Mln

Bright Scholar Education Holdings

22/10/2018 11:59

Oct 22 (Reuters) - Bright Scholar Education Holdings Ltd
 BEDU.N :
    * BRIGHT SCHOLAR ENTERS INTO AGREEMENT TO ACQUIRE EIGHT
KINDERGARTENS IN SHANDONG PROVINCE
    * BRIGHT SCHOLAR EDUCATION HOLDINGS LTD - DEAL FOR RMB70.55
MILLION.
    * BRIGHT SCHOLAR - SIGNED AN AGREEMENT TO ACQUIRE AN 85%
EQUITY
INTEREST IN A COMPANY MANAGING A CHAIN OF EIGHT KINDERGARTENS IN
SHANDONG PROVINCE
    * BRIGHT SCHOLAR EDUCATION HOLDINGS LTD - ACQUISITION WILL
BRING
NUMBER OF KINDERGARTENS OF BRIGHT SCHOLAR TO 51

Source text for Eikon:  ID:nPnR2t2da 
Further company coverage:  BEDU.N 

 ((Reuters.Briefs@thomsonreuters.com;))