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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

EMPG in $125m joint venture with Dubai government

Posted on 21 October 2008

From Irishtimes.com: Barry O’Callaghan’s Education Media and Publishing Group (EMPG) is entering into a $125 million (€94 million) venture with the government of Dubai to target the educational publishing sector in high-growth developing markets.

EMPG International (EMPGI) will be 66.7 per cent owned by EMPG and 33.3 per cent owned by Istithmar World Capital, the alternative investment arm of Dubai World, which is owned by the government of Dubai. EMPG publishes textbooks, instructional technology, assessments and educational materials for elementary and secondary schools and colleges….. Full Article: Source


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