Educomp buys 50% stake in Eurokids for $8.7mn
Education services firm Educomp Solutions Ltd has acquired 50 %stake in Mumbai-based EuroKids International Pvt Ltd for 390 million rupees to expand in pre-school education. Both the firms will jointly take EuroKids pre-school network to 1,000 from existing 450 over the next 3 years [via Reuters] 
Eurokid has a strong presence and brand name in early child care education, while Educomp has 52 franchise in pre-school segment.
Educomp earlier made couple of acquisitions in the recent times:
- Learning.com for 24.5mn$
- AuthorGen Technologies’ wiziq.com (51% stake)
- Singapore based Ask n learn for $8.7mn
- A-plus education service for $4.2mn (76% stake)
- ThreeBrix Services
Slightly off topic, but watch this interesting Idea Cellular ad:
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- Acquisition roundup: OnMobile acquires French company, Educomp acquires 51% in learning.com
- Premji buys 10% stake in Subhiksha
- $5million for an online firm with no presence – Astro Group Buys 50% stake in Mogae Digital
- Reliance buys majority stake in Willow TV
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http://www.digg-business.cn/Global_Economy/