Mcgraw-hill, Apollo Global Management | featured news

Apollo to buy McGraw-Hill education unit for $2.5 billion

The McGraw-Hill Companies Inc has found a buyer for its textbook business, a unit that once steadied its results against the ups and downs of financial markets faced by its Standard & Poor's rating agency. Private equity firm Apollo Global Management LLC will buy McGraw-Hill's educational publishing unit for $2.5 billion, McGraw-Hill said on Monday.


Subscribe to this RSS topic: Syndicate content