Allen & Overy advises GEMS education on acquisition of minority stake by CVC in GEMS' Menasa business
Upon completion of the transaction, CVC will acquire approximately 30 per cent of the issued shares in GMHL.
Press Release - 22-Jul-2019Upon completion of the transaction, CVC will acquire approximately 30 per cent of the issued shares in GMHL.
Press Release - 22-Jul-2019GEMS owns and operates 49 schools in the UAE and Qatar
Reuters News - 14-Jul-2019GEMS has also launched a refinancing plan that includes loans and bonds, the statement said
Reuters News - 10-Jul-2019Upon completion of the transaction, the CVC Consortium will acquire approximately a 30% stake in the company from the existing shareholders.
Press Release - 10-Jul-2019Private school operator GEMS Education is backed by Blackstone Group, that values the firm at more than $4bln
ZAWYA - 30-Jun-2019Access the most comprehensive database of companies and officers in the Middle East and North Africa, covering all major sectors and industries, from Refinitiv.
Refinitiv research team update company information from primary sources (company annual reports, press releases, company websites, corporate briefings, official statements/interviews) and reliable secondary sources (stock markets, reliable third party publications).