The acquisition of a minority stake by Abu Dhabi's Mubadala Investment Co. in Nord Anglia Education highlights the growing importance of international partnerships in education. This investment, valued at $600 million, will enable Nord Anglia to enhance its educational offerings and expand its global reach. The company operates over 80 schools across 33 countries, catering to more than 90,000 students from ages 2 to 18.
This development is significant as it marks a potential thaw in diplomatic tensions between Abu Dhabi and the UK. Mubadala's investment is part of its efforts to expand its portfolio, indicating a shift towards re-engagement with the UK. The acquisition will likely have a positive impact on Nord Anglia Education's students worldwide, according to CEO Andrew Fitzmaurice.
The investment by Mubadala in Nord Anglia Education demonstrates Abu Dhabi's commitment to investing in global education and expanding its presence in the sector.