Bloomberg cited informed sources as saying that asset management company Brookfield is in talks to invest in James Education, a Dubai-based company and one of the largest operators of private schools in the world.
The Canadian company is considering investing around two billion dollars in “Jame’s”, according to informed sources who refused to reveal their identity. The potential deal could allow “CVS Capital” to exit its stake in “Jame’s”, according to the sources.
The Indian businessman Sanjeev Verki runs the company “James”, and the sources have clarified that there is no confirmation that the discussions will lead to a final agreement, indicating that it is possible for new investors interested in the deal to emerge.
“Dinovo Partners, a Dubai-based company, offers advice to Farki and his company, as mentioned by Bloomberg sources.”