Montagu Drops £200M To Net UK College Of Law

Law360, New York (April 17, 2012, 10:47 PM EDT) -- Montagu Private Equity will buy U.K.-based College of Law for more than £200 million ($319 million) in a deal that will split the college's legal education business from its charity, Montagu said Tuesday.

Under the terms of the deal, the charity would receive the proceeds from the planned sale, and will be renamed the Legal Education Foundation, and will be among the largest independent educational charities, according to a statement by Montagu and the college.

“Given the changing education environment, it was appropriate for the governors...
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