German Conglomerate Buys OnCourse Learning in Reported $500M Deal | Enterpreneurship

Want create site? Find Free WordPress Themes and plugins.

Bertelsmann, a large media and publishing conglomerate headquartered in Germany, said Monday that it has acquired Learning, a Brookfield, WI-based provider of online professional training programs.

serverpoint hosting banner

Bertelsmann said Monday in a news release that the amount it’s acquiring OnCouse for is in the “mid-nine-digit euro range,” meaning roughly halfway between €100 million and €1 billion. According to a Reuters report, the deal is worth about $500 million (the equivalent of nearly €428 million, using current exchange rates).

Bertelsmann said it expects the deal, which still needs to be approved by U.S. regulators, to close this fall.

OnCourse develops training… Read more »

UNDERWRITERS AND PARTNERS

Did you find apk for android? You can find new Free Android Games and apps.

You might also like More from author

Leave A Reply

Your email address will not be published.