Zee Learn to acquire controlling stake in MT Educare for $30m

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Essel Group’s education unit Zee Learn on Thursday said that it is acquiring a controlling stake in MT Educare Ltd for Rs200 crore.

In a stock exchange filing, Zee Learn said that it has signed a definitive agreement to invest Rs200 crore in MT Educare through a preferential allotment for a 44.53% stake.

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