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Pearson announces the disposal of Pearson Institute of Higher Education

Pearson today announces the disposal of its interests in Pearson Institute of Higher Education (PIHE) in South Africa to a consortium of Stellenbosch Graduate Institute (SGI) and EXEO Capital.

Stellenbosch Graduate Institute (SGI) is an established provider of innovative education programmes from a digital platform. EXEO Capital is a pan-African alternative investment firm.

This is in line with the strategic direction Pearson has taken in recent years to shift away from physical, large-scale direct delivery services and focus on strategic opportunities.

The disposal is expected to close in the first half of 2021 subject to the necessary regulatory approvals being obtained.
https://www.pearson.com/news-and-research/announcements/2020/11/pearson-announces-the-disposal-of-pearson-institute-of-higher-ed.html

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