Laureate Education

Laureate Education, Inc. and Strategic Education, Inc. Enter into Definitive Agreement for Sale of Laureate’s Australian and New Zealand Operations

Retrieved on: 
Wednesday, July 29, 2020

Torrens University was founded by Laureate in 2014 and was the first new university to open in Australia in 20 years.

Key Points: 
  • Torrens University was founded by Laureate in 2014 and was the first new university to open in Australia in 20 years.
  • Media Design School, founded in New Zealand 22 years ago, became part of the Laureate network in 2011.
  • Karl McDonnell, Chief Executive Officer of Strategic Education, Inc., said: Were excited to be expanding our business into the Australian and New Zealand markets.
  • Laureate offers high-quality, undergraduate, graduate and specialized degree programs in a wide range of academic disciplines that provide attractive employment prospects.

Strategic Education, Inc. to Acquire Laureate Education, Inc.’s Australia and New Zealand Academic Operations, Including Torrens University

Retrieved on: 
Wednesday, July 29, 2020

Strategic Education, Inc. (Strategic Education) (NASDAQ: STRA) today announced that it has entered into a definitive agreement with Laureate Education, Inc. (Laureate) (NASDAQ: LAUR) to acquire Laureates Australia and New Zealand academic operations.

Key Points: 
  • Strategic Education, Inc. (Strategic Education) (NASDAQ: STRA) today announced that it has entered into a definitive agreement with Laureate Education, Inc. (Laureate) (NASDAQ: LAUR) to acquire Laureates Australia and New Zealand academic operations.
  • Laureates Australia and New Zealand portfolio includes the highly regarded Torrens University Australia, one of only 43 institutions in Australia which hold that nations highest University academic designation and accreditation.
  • Following the transaction, Strategic Education will serve nearly 110,000 students online and at over 85 campuses in the United States, Australia, and New Zealand.
  • Karl McDonnell, Chief Executive Officer of Strategic Education said, We are delighted to welcome Torrens University Australia, Think Education, and Media Design School into the Strategic Education family.

Laureate Education and HOPE Education Group (Hong Kong) Company Limited Enter into Agreement for Sale of INTI Education Group

Retrieved on: 
Monday, March 2, 2020

BALTIMORE, March 02, 2020 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) announced today that it has entered into an agreement with HOPE Education Group (Hong Kong) Company Limited for the sale of Laureates INTI Education Holdings Sdn.

Key Points: 
  • BALTIMORE, March 02, 2020 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) announced today that it has entered into an agreement with HOPE Education Group (Hong Kong) Company Limited for the sale of Laureates INTI Education Holdings Sdn.
  • and its subsidiaries (INTI Education Group), a group of higher education institutions in Malaysia.
  • HOPE Education Group (Hong Kong) Company Limited is an established operator of higher education institutions, including universities and vocational colleges, and is looking forward to welcoming INTI Education Group into its network.
  • Under the stewardship of HOPE Education Group (Hong Kong) Company Limited, I believe INTI will continue to deliver strong outcomes and high student satisfaction.

Laureate to Explore Strategic Alternatives for Each of Its Businesses to Unlock Shareholder Value

Retrieved on: 
Monday, January 27, 2020

Exploration of Sale of Peru, Mexico, and Australia/New Zealand Businesses Already Underway

Key Points: 
  • Exploration of Sale of Peru, Mexico, and Australia/New Zealand Businesses Already Underway
    BALTIMORE, Jan. 27, 2020 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) today announced that its Board of Directors has authorized the Company to explore strategic alternatives for each of its businesses to unlock shareholder value.
  • As part of this process, the Company will evaluate all potential options for its businesses, including sales, spin-offs or business combinations.
  • Laureate has already initiated separate processes to explore the sale of its Peru, Mexico and Australia/New Zealand businesses.
  • As a result, our Board of Directors has decided to explore strategic alternatives to further unlock value for shareholders, students, and our other key stakeholders.

Laureate Education Announces Date of Fourth Quarter and Fiscal Year 2019 Earnings Release and Conference Call

Retrieved on: 
Wednesday, January 22, 2020

BALTIMORE, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) plans to release results for the quarter and fiscal year ended December 31, 2019, on Thursday, February 27, 2020, before the stock market opens.

Key Points: 
  • BALTIMORE, Jan. 22, 2020 (GLOBE NEWSWIRE) -- Laureate Education, Inc. (NASDAQ: LAUR) plans to release results for the quarter and fiscal year ended December 31, 2019, on Thursday, February 27, 2020, before the stock market opens.
  • Following the release, the Company will host a telephone conference call with investors and analysts at 8:30 a.m.
  • ET to discuss the fourth quarter and fiscal year 2019 results and the Company's business outlook.
  • Interested parties are invited to listen to the earnings conference call by dialing 1-800-708-4540 (for U.S.- based callers), or 1-847-619-6397 (for international callers), and requesting to join the Laureate Education conference call, conference ID 49321549.