Intueri in voluntary administration; bid less than value of debt

Wed, 31 May 2017

By Jonathan Underhill June 1 (BusinessDesk) - Intueri Education Group has been placed into voluntary administration after a strategic review garnered an offer for its operating assets that is less than the value of its debt. The company said the move only affects the parent company and non-operating subsidiaries and that its three private training establishments "continue to trade as normal". BusinessDesk understands ACG Education, which is controlled by Australian buyout firm Pacific Equity Partners, has made an offer for the three Ne...

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