Malaysia’s Equinas sells APIIT for $180m in KV Asia-backed management buyout

Image taken from Ekuinas website.

Malaysia’s state-owned private equity firm Ekuiti Nasional Bhd (Ekuinas) has divested its entire stake in local education company APIIT Education Group for $180 million to a joint venture vehicle owned by its existing management team and private equity firm KV Asia Capital.

Continue reading this story with a subscription to DealStreetAsia.

Subscribe

Should your colleagues be reading this article too? Contact us for corporate subscriptions at subs@dealstreetasia.com.