Monday 15 April 2013

INQUIRER.net: STI buys Bacolod university

INQUIRER.net
Philippine News for Filipinos
STI buys Bacolod university
Apr 16th 2013, 01:00

MANILA, Philippines--Tanco-led education network STI Education Systems Holdings has struck a deal to acquire West Negros University in Bacolod. In a disclosure to the Philippine Stock Exchange on Tuesday, STI said it had signed a memorandum of agreement with the Agustin family for the acquisition of a controlling stake in West Negros University Corp. (WNU Corp.) which owns and operates the Bacolod university. "The acquisition is expected to be completed after the completion of legal, academic, financial and tax due diligence by STI Holdings," the disclosure said. The university offers pre-elementary, elementary and secondary education as well as tertiary education courses and gr...

Keep on reading: STI buys Bacolod university

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