China's Greentown Services acquires 56% of Australia's Montessori Academy

China's Greentown Services acquires 56% of Australia's Montessori Academy

Photo by Aaron Burden on Unsplash

Greentown Education, a unit of Hangzhou-based real estate firm Greentown Services Group, has agreed to acquire a 56 per cent stake in Australian early education firm Montessori Academy for A$67.2 million ($47.7 million).

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