For-profit international provider Laureate started a “simplification” strategy a couple of years back, selling education providers in no/low growth markets
That this could include Laureate’s Adelaide-based Torrens U and other ANZ assets was news in the AFR, which reported Friday. Laureate’s local CEO Linda Brown responded by telling staff business was good, but, “Laureate, like other public companies, regularly evaluates each of its assets and the composition of the network. This process of evaluation does not necessarily mean there will be a sale.”
Good-o but a company kicking its own tyres, generally has a reason beyond admiring the tread.