Aditya Birla Group in talks to acquire Educomp schools
The Aditya Birla Group has been in talks to acquire the schools business of Educomp Solutions, once the country's largest diversified education service provider, as the debt-laden company has been restructuring its business portfolio to deleverage its balance sheet.GEMS Education — spearheaded by Dubai-based NRI education billionaire Sunny Varkey — and Zee Learn of Subhas Chandra's Essel Group have also shown interest in the business, as private schools continue to grow at a faster ra ..
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