Singapore: Tembusu Partners exits Ednovation to China's CDH Investments

Singapore: Tembusu Partners exits Ednovation to China's CDH Investments

Visual sourced from VIVO Healthcare website

Singapore-based private equity firm Tembusu Partners has sold its 36 per cent stake in homegrown education group, Ednovation Pte Ltd to Chinese alternative asset management firm CDH Investments, in a deal valued at more than $35.07 million (S$50 million).

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