TAL Education Group, a Chinese after-school tutoring services provider, announced on February 18 that it has sold about US$500 million of newly-issued Class A common shares to a long-term equity investment firm, which makes the investor hold approximately 7% of its outstanding shares.
Subscribe & Access the Best Data and Intelligence on Chinese Venture Capital and Tech
Read 2 Articles for Free with a Basic Account
Gain limited and restricted access to China Money Network.Register Basic Account
Subscribe for an annual subscription!
Enjoy comprehensive and exclusive data you can't find elsewhere!More Info
Already have an account or paid subscription?