Apollo to acquire BPP.Byline: news@cpifinancial.net (Staff Writer) Apollo Group Apollo Group, Inc. NASDAQ: APOL is an S&P 500 corporation based in Phoenix, Arizona. Apollo Group, Inc., through its subsidiaries, provides higher education to working adults. said that its 80.1 per cent-owned subsidiary Apollo Global has agreed to acquire UK-based BPP (Bits Per Pixel) See bit depth. bpp - bits per pixel Holdings, a provider of education and training to professionals in the legal and finance industries. Apollo Global has agreed to purchase all of the outstanding shares of BPP at 620 pence per share in cash, representing an enterprise value of approximately $540 million. The transaction was structured as a court-sanctioned acquisition arrangement under UK law. The transaction, if approved, is expected to close during Apollo Group's fiscal fourth quarter. "The acquisition will provide Apollo Global with access to lifelong learning Lifelong learning is the concept that "It's never too soon or too late for learning", a philosophy that has taken root in a whole host of different organisations. Lifelong learning is attitudinal; that one can and should be open to new ideas, decisions, skills or behaviors. programs in the UK's professional education sector, establish a significant UK and pan-European platform, and expand the range of advanced degrees and cross border educational opportunities available to its students," the company said in a statement to the media. Founded in 1976 and based in London, England, BPP is organised into three business divisions: (1) Professional Education, which provides certification and continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). ; (2) College of Professional Studies, which operates four law schools, human resource training and a business school; and (3) Mander Portman Woodward (MPW MPW Macintosh Programmer's Workshop (Mac OS Software Development Environment) MPW Multi Product Wafer MPW Maine Photographic Workshops (Rockport, Maine) MPW Multiple Plane Wave MPW Multi-Purpose Workstation ), which operates independent fifth and sixth form colleges (similar to preparatory schools in the US). BPP is the first private sector institution to have been granted degree awarding powers in the UK. "The UK is a large and growing market with strong student participation rates and an increasing interest in online learning," said Apollo. "Furthermore, the UK has a tremendous international reputation for higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. and is the second largest market in the world for international students pursuing degrees. We believe this is an excellent market and company from which to establish our European base." 2009 CPI (1) (Characters Per Inch) The measurement of the density of characters per inch on tape or paper. A printer's CPI button switches character pitch. (2) (Counts Per I Financial. All rights reserved. Provided by Syndigate.info an Albawaba.com company |
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