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Tuesday 13th May

Pearson Poised To Buy Shanghai Schools Chain

Posted at 7:52AM Wednesday 07 May 2008

Textbook and newspaper publisher Pearson is poised to buy a chain of private schools in Shanghai to tap into the growing demand for English language teaching from increasingly affluent Chinese families.

The world's biggest publisher of education materials is in advanced talks with the LEC chain of 15 schools over what will be its first acquisition of institutions.

Item in The Guardian

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