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Global Education Communities ( (TSE:GEC) ) has issued an announcement.
Global Education Communities Corp. has finalized the sale of Sprott Shaw College to the UK-based BPP Education Group, excluding other subsidiaries like SSLC and VIC, which remain under GECC. This strategic move allows GECC to focus on its core operations in student housing and education, while BPP aims to enhance its international presence and educational offerings in British Columbia, aligning with its mission to address skills gaps and promote cultural inclusivity.
More about Global Education Communities
Global Education Communities Corp. (GECC) is a key player in the Canadian education and student housing sector, serving over 6,000 students through its 24 campuses and student housing properties. The company focuses on addressing student housing needs via its subsidiary, Global Education City Holdings Inc., with a portfolio valued at over $1.3 billion. GECC also operates educational institutions offering programs in business, language training, and technology, and owns Global Education Alliance Inc. for student recruitment.
Average Trading Volume: 42,625
Technical Sentiment Signal: Hold
Current Market Cap: C$22.26M
Learn more about GEC stock on TipRanks’ Stock Analysis page.