Swiss website 24heures.ch talks about an upcoming sale of Laureate's hotelschools in Switzerland. Besides the Glion Institute of Higher Education (two sites in Switzerland and one in Bubble London 2200 students), Laureate, world leader in high private schools (one million students on 80 campuses in 28 countries), owns the Hotel School Les Roches, Bluche (VS). A prize of € 200 million should be raised for the package (220 million), according Ecucation Investor. Credit Suisse would be in charge of the first round of offers which recently started.

Fears and uncertainties

On the Glion campus, it is easy to imagine, the atmosphere is not looking good after the hype and its share of uncertainties. The quarterly meeting of teachers from ten days ago did not help: instead of a clear confirmation of the rumor, the teachers had to be content to record the departure of the CEO, in office for two years.

"This is in addition in recent years to a long list of layoffs, at all levels, teachers, executives in the operational, is really solid, laments an internal source. There is nothing confirms this lack of transparency, nobody understands anything. Besides, on substance, education should not be a simple product suitable for speculation or be publicly traded. In a country like Switzerland values, there might have a political dimension to take into account. "(24 hours)

Click here for the article in French on 24heures.ch (French)

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