BRIEF-Tarena Signs Equity Transfer Agreement To Dispose Of Professional Education Business

Reuters

2023-12-26

Dec 26 (Reuters) - Tarena International Inc :

* TARENA SIGNS EQUITY TRANSFER AGREEMENT TO DISPOSE OF PROFESSIONAL EDUCATION BUSINESS

* TARENA INTERNATIONAL INC - KROLL, LLC WAS RETAINED AS INDEPENDENT FINANCIAL ADVISOR IN CONNECTION WITH DISPOSAL TRANSACTION

* TARENA INTERNATIONAL INC - DISPOSAL TRANSACTION IS EXPECTED TO CLOSE AROUND END OF MARCH 2024

* TARENA INTERNATIONAL- DEAL TO DISPOSE OF ALL EQUITY INTERESTS IN PROFESSIONAL EDUCATION BUSINESS TO BUYER CONSORTIUM LED BY TARENA WEISHANG TECHNOLOGY

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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