Deals
Apollo Is Weighing $6 Billion Sale of McGraw-Hill Education
- Business could attract interest from private equity firms
- It generates about $450 million in Ebitda, the people said
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Private equity firm Apollo Global Management Inc. is exploring a sale of textbook publisher and education technology company McGraw-Hill Education that could fetch up to $6 billion, including debt, according to people familiar with the matter.
The business could attract interest from other private equity firms, said the people, who asked not to be identified because the matter is private. The company could also explore a listing via a special purpose acquisition company, they added.