EQT, Neuberger, CPPIB to take control of school operator Nord Anglia for $14.5b

EQT, Neuberger, CPPIB to take control of school operator Nord Anglia for $14.5b

Photo: Jessica Lewis thepaintedsquare/ Unsplash.com

Swedish investment firm EQT has formed a consortium with Neuberger Berman Private Markets and the Canada Pension Plan Investment Board to take ownership of international schools operator Nord Anglia Education for $14.5 billion including debt.