Legal Cheek reports
BPP University has declined to comment on rumours that it’s no longer up for sale.
In the summer Legal Cheek reported that Apollo Education Group, the US owners of BPP University, of which BPP Law School is a subsidiary, was understood to be selling the training giant. BPP declined to comment at the time.
But Apollo has now taken BPP “off the market” after just six months, the website The Lawyer reports, after “no potential buyer willing to pay the asking price was found”.
Citing unnamed sources, the report claims Apollo was valuing “BPP at too high a price for private equity investors” but that it continues to pursue “individual offer discussions”. BPP declined to comment on the latest rumours.
Source: http://www.feedspot.com/?dadi=1#feed/fof_fo_875778__f_4708611/article/5706228667?dd=4311522843229556
