Munich/Grünwald, March 1, 2022 – AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8, “AURELIUS”) announces the sale of the distance learning university AKAD University (“AKAD”) to the strategic buyer Galileo Global Education (“Galileo”) for a sales price of more than EUR 45m. The purchase price is thus significantly above the most recently calculated net asset value of EUR 25m as of 30 September 2021. Galileo Global Education is the largest higher education group in Europe with approx. 170,000 students in 14 countries.
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