Adtalem Global Education Completes Sale of Adtalem Educacional do Brasil to YDUQS
Adtalem Global Education Inc. (ATGE)
Last adtalem global education inc. earnings: 2/4 04:05 pm
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Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Adtalem Global Education (NYSE: ATGE), a leading workforce solutions provider, today announced that it has completed the sale of Adtalem Educacional do Brasil to YDUQS, the second largest education company in Brazil.“This is a critical inflection point for Adtalem as we advance our strategy to be a leading workforce solutions provider, enabling us to serve our markets in a more competitive and comprehensive way,” said Lisa Wardell, Adtalem chairman and CEO. “While we are operating in a time of unprecedented uncertainty, our portfolio, coupled with our online learning capabilities, ensures we are able to continue to address the global workforce skills gap in Medical and Healthcare and Financial Services, while unlocking significant shareholder value in the process. Our strong liquidity position is bolstered by the proceeds of this transaction, enabling us to navigate the current uncertain economic environment and invest in long-term growth.”On April 24, 20
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