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Buyout Firm KV Asia Weighs Malaysian Education Unit Sale

  • Singapore-based firm working with an adviser on divestment
  • KV Asia acquired Asia Pacific Education from Ekuinas in 2018

KV Asia Capital, the Southeast Asia-focused private equity firm, is considering selling its Malaysian post-secondary education group, according to people with knowledge of the matter.

The buyout firm is working with a financial adviser on the potential sale of Asia Pacific Education Holdings, said the people, who asked not to be identified as the process is private. A deal could fetch about $350 million for the group, they said.