(PRNewswire headline) On November 23, Ambo Education Holdings Co., Ltd. announced that the company and its wholly-owned subsidiaries, namely Ambo Education, Ambo Education Management, and Ambo Education Group (collectively known as Ambo's subsidiaries), signed a purchase agreement with Clover Wealth Limited. The company agreed to sell all of the shares in Ambo's subsidiary to Clover Wealth, which paid $12 million in cash to the company. Once the sale is complete, the company will sell almost all of its assets in China through its subsidiaries.
安博教育以1200万美元出售子公司给Clover Wealth
Ambo Education sells subsidiary to Clover Wealth for $12 million
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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