Zee Learn is interested in buying almost half of the shares of MT Educare, a leading education services company that prepares students for competitive examinations. MT has a market capitalisation of Rs 324 crore. Zee may pay Rs 140 crore for a controlling stake in the company.
Zee’s interest in education sector shows how lucrative the sector is becoming after health.
As per media sources, Zee Media has had multiple rounds of formal negotiations with MT Educare management. Transaction may take is highly likely before fiscal-end.
As per media sources, Zee Media has had multiple rounds of formal negotiations with MT Educare management. Transaction may take is highly likely before fiscal-end.
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