China Private Equity Investments Holdings has paid $2 million for a 40% stake in Beijing-based China iEducation Group. The deal includes funding aimed at expanding China iEducation’s services and developing an online social education network.
PRESS RELEASE
The Board of CPE is pleased to announce that the Company has entered into an agreement to acquire a 40% interest in Beijing based China iEducation Group for a total consideration of US$2 million.
