Wednesday, 11 July 2018

Owners of Saudi schools operator weigh sale of business: sources | Reuters

Owners of Saudi schools operator weigh sale of business: sources | Reuters:

The owners of Ma’arif for Education & Training, the largest owner and operator of private schools in Saudi Arabia, are in talks about selling the business, two sources familiar with the discussions told Reuters on Tuesday.

They are looking at either an outright sale or spinning off assets through a real estate investment trust, the sources said.

Ma’arif, owned by the Al Blehed family, runs more than 100 schools across the kingdom, offering Arabic, British and American curricula, according to its website.

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