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TAL International shareholders will also receive a special dividend of USD 0.
Statements in this press release regarding TAL International Group, Inc.
Certain selling stockholders of TAL International, including affiliated funds of The Jordan Co LP, JZ Capital Partners Ltd and Edgewater Growth Capital Partners LP, will offload 5m pieces of TAL common stock in an at-the-market offering under the firm's effective shelf registration.
TAL provides additional resources to our technical and plant sciences capacity and will generate revenue for GCEH in 2008," said Global President and CEO Richard Palmer.
TAL chief executive Richard Shaw said: "Watch this space.
Taking over Toyota Motor's sales and marketing operations, TAL will continue using the Toyota brand name for the materials handling systems and industrial vehicles and equipment, they said.
TAL currently has several internationally oriented offerings, including the organic small class Lejiale English business that is specialised in exam-oriented English subject tutoring, the acquired Firstleap business which offers all-subject tutoring services in English to students aged two to fifteen, and another proprietary brand Lewaijiao which provides one-on-one English tutoring services from foreign teachers.
Furthermore, TAL has enabled the release of approximately #20.
The County Durham firm has moved under the TAL umbrella after 35 years as a family firm led by brothers Paddy and Michael Gallacher.
TAL Manufacturing Solutions, a subsidiary of Tata Motors Ltd.
M2 EQUITYBITES-June 17, 2016-Chinese Tutoring Service TAL Education Ups Stake in Shunshun Bida