Vietnam Schools Firm Said to Mull Stake Sale at $1 Billion Value
- Nguyen Hoang Group is working with an adviser on deal
- Education provider approaching PEs, other industry firms
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Nguyen Hoang Group, an educational services provider in Vietnam, is considering a stake sale that could value the company around $1 billion, according to people with knowledge of the matter.
The closely-held Ho Chi Minh City-based firm is working with a financial adviser to find a buyer for a minority stake in the company, the people said. They have reached out to prospective buyers including private equity firms and other companies in the industry to gauge interest, said the people, who asked not to be identified as the process isn’t public.