Apollo Group Inc. (Nasdaq: APOL) has acquired a majority stake in Universidad Latinoamericana, an accredited private university in
PRESS RELEASE
Apollo Global, Inc., a consolidated subsidiary of Apollo Group, Inc. (Nasdaq: APOL) (“Apollo Group,” “Apollo” or the “Company”) announced it has purchased a majority stake in Universidad Latinoamericana S.C. (“ULA”), an accredited, private university based in Mexico City, from Carlyle Mexico Partners.
“We are pleased to invest in an institution such as ULA with its 32-year history and solid reputation,” stated Greg Cappelli, Chairman of Apollo Global. “This commitment reflects our desire to provide high-quality education to students throughout
Founded in 1975, ULA is renowned for its dentistry, medicine and communications programs accredited by the Ministry of Public Education (Secretar