Apollo Global enters Africa with Milpark Education acquisition

By Stefanie Botelho. Apollo Education Group, Inc. (NASDAQ: APOL) announced its wholly-owned subsidiary Apollo Global, Inc. closed on the acquisition of an 81 percent consolidated interest in Milpark Education (Pty) Ltd. (“Milpark Education”), one of South Africa's leading private tertiary education providers, for approximately ZAR 265 million (USD 25.6 million based on current exchange rates). More...