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Tembusu sells 36% interest in Ednovation for over S$50m

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MD Richard Yen said Ednovation is ready for its next phase of growth with new owner CDH Investments.

Singapore

TEMBUSU Partners, a Singapore-based private equity firm, said on Thursday that it has divested its 36-per-cent stake in homegrown education group, Ednovation, to private equity firm CDH Investments, in a deal valued at over S$50 million.

Andy Lim, chairman and founder of

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