KKR Is Said to Agree to Buy School Firm XCL in $1.3 Billion Deal

KKR Is Said to Agree to Buy School Firm XCL in $1.3 Billion Deal

KKR & Co. has agreed to buy a majority stake in XCL Education Holdings Pte in a deal that values the Southeast Asian school operator at about $1.3 billion, according to people familiar with the matter.

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