China Maple Leaf agrees to buy Singapore’s Canadian School

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China Maple Leaf agrees to buy Singapore’s Canadian School
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China Maple Leaf Educational Systems has agreed to acquire the Canadian International School in Singapore in a deal valued at S$680 million. YahooFinance

-- China Maple Leaf Educational Systems Ltd. has agreed to acquire one of the largest international schools in Singapore in a deal valued at S$680 million .

China Maple Leaf shares rose as much as 10.4% on Monday, the most since late April. They have fallen nearly 30% in the year to date. The Hang Seng index is down about 12.9% this year. BNP Paribas SA acted as financial adviser to China Maple Leaf. Rippledot was financial adviser to Southern Capital and HPEF.

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