April 16, 2013

STI signs MOA with for controlling stake in West Negros University


STI Education Systems Holdings, Inc. executed a Memorandum of Agreement (MOA) with the Agustin family for the acquisition of a controlling stake in West Negros University (WNU) Corp. The acquisition is expected to be completed after the completion of legal, academic, financial and tax due diligence by STI Holdings.

WNU Corp. owns and operates West Negros University located in Bacolod City. The university offers pre-elementary, elementary and secondary education as well as tertiary education courses and graduate courses.