Apollo Education Group Acquires South African Education Company

By Nick DeSantis. The Apollo Education Group announced on Tuesday that its Apollo Global subsidiary had acquired a South African education company that specializes in business education. In the deal, Apollo paid about 265 million South African rand, or roughly $25.6-million, to acquire an 81-percent stake in Milpark Education (Pty) Ltd. Milpark has about 14,500 students across the country. More...