Mergers & Acquisitions Mergers & Acquisitions

Ellucian deal faces UK national security probe, Tribal says, adding closure now expected in 2024

By Jon Menon
  • 02 Nov 2023 12:56
  • 02 Nov 2023 13:57
US education software company Ellucian’s acquisition of British rival Tribal Group will need UK national security clearance, the companies have indicated.
They have also extended their timetable for closing the deal until the first quarter of 2024, according to shareholder communications, and specified that the deal will be abandoned if

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