Noah Education Sets IPO Terms

Noah Education Holdings Ltd., a Shenzhen, China-based provider of interactive education content in China, has set its IPO terms to around 9.85 million American depository shares being offered at between $9.80 and $11.80 per share. It plans to trade on the NYSE under ticker symbol NED, with Deutsche Bank Securities serving as lead underwriter. Shareholders include Baring Private Equity Partners, Lehman Brothers Commercial Corp. Asia Ltd. and Dynamic View Investments.