Japan education firm Benesse to go private with Sweden's EQT

Management buyout aimed at turning around flagging distance learning business

20231110N Benesse

A Benesse classroom in Japan. The company is the country's top distance learning provider.

AKINORI KAMATA and TAKASHI OKU, Nikkei staff writers

TOKYO -- Japanese education services provider Benesse Holdings aims to go private via a management buyout with Swedish investment house EQT under plans announced Friday.

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