Korean agency Uhak.com acquired by Loyalist Group
In more exciting acquisitional activity in the education agency space, Canada's Loyalist Group has reported it is set to acquire Uhak.com (Uhak), South Korea’s largest education agency, for CAN$8.1m, of which $5.3m will be paid in cash. Loyalist's CEO said the deal meant "a new dimension to Loyalist's vertical integration strategy".