News story
General Atlantic to buy LTG for £800 Million
Learning NewsBreaking News
US private equity General Atlantic agrees deal to buy Learning Technologies Group for £802.4 Million
LTG shares up 7% on the news, rising from 92.00 to 98.30 GBX;
Anticipates rising training needs for corporations as they adapt to artificial intelligence;
LTG employs over 5,000 people;
LTG’s brands include Bridge,GP Strategies, Open LMS, Watershed and PeopleFluent;
Deal subject to shareholder approval in mid January.