Bright Scholar rises on deal to buy 18% stake in Golden Ballet Dance
** Shares of education service firm Bright Scholar Education
BEDU.N up 2.4% at $6.47
** Co to buy 18% equity interests in ballet training firm
Golden Ballet Dance
** BEDU aims to close the transaction in April urn:newsml:reuters.com:*:nPn5jcshPa
** Investment in Golden Ballet offers tremendous market
opportunities as well as synergies that will further expedite
the expansion of BEDU's complementary education business - CEO
Zi Chen
** BEDU has risen 12.3% so far this year
(Reporting by Arunima Kumar in Bengaluru)
((Arunima.Kumar@thomsonreuters.com))
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