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About Aptech Ltd Aptech Limited is a global careereducation company.
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The Education Ministry requires schools to provide appropriate careereducation and guidance for students from Year 7 to Year 13.
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CareerEducation said on Monday that it would cooperate with the state authorities.
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Morgan Stanley & Co LLC acted as CareerEducation's financial adviser for the deal.
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Officials at Apollo, Corinthian, CareerEducation and DeVry did not respond to requests for comment.
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Morgan Stanley & Co LLC acted as CareerEducation's exclusive financial adviser for the deal.
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This is compounded by inconsistent careerseducation and guidance.
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Barclays downgraded CareerEducation CECO.O and Corinthian and said margin pressure and an earnings decline would continue through the year.
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Competitors Apollo Education Group Inc and CareerEducation Corp are also under investigation by the U.S. government over their business practices.
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CareerEducation Corp CECO.O was down 4.2 percent at $21.22.
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CareerEducation will receive about $276.5 million when the deal closes, taking into account various adjustments, the company said on Thursday.
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CareerEducation Corp lost nearly 43 percent to $9.14 after its CEO resigned amid findings of improper placement practices and increased accreditation risks.