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Montagu Set to Buy U.K.’s College of Law, Sunday Times Reports

Feb. 26 (Bloomberg) -- Montagu Private Equity LLP is poised to buy the College of Law, Europe’s largest lawyers’ school, in a 200 million-pound ($317 million) deal, according to the Sunday Times, citing unidentified sources.

The London-based fund is in exclusive talks with the institution, which has charitable status, the newspaper said. The business may be split from the charity with funds raised put into a foundation to provide student scholarships, according to the article.

To contact the reporter on this story: Catherine Airlie in London at cairlie@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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