Bloomberg News

Montagu Set to Buy U.K.’s College of Law, Sunday Times Reports

February 26, 2012

Montagu Private Equity LLP is poised to buy the College of Law, Europe’s largest lawyers’ school, in a 200 million-pound ($317 million) deal, according to the Sunday Times, citing unidentified sources.

The London-based fund is in exclusive talks with the institution, which has charitable status, the newspaper said. The business may be split from the charity with funds raised put into a foundation to provide student scholarships, according to the article.

To contact the reporter on this story: Catherine Airlie in London at cairlie@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net


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