The Dubin Business School (DBS) is set to be acquired by a listed Chinese education company in an all-cash deal worth $127.5 million (€110 million). The independent undergraduate and post-graduate college has been owned by American higher-education firm Kaplan since 2003 but is now set to change hands some 23 years later. In an announcement filed on the Hong Kong Stock Exchange on Wednesday afternoon, China Chunlai Education Group stated it had agreed to acquire the third-level institution subject to the satisfaction of agreed conditions. To date, China Chunlai has remained in its home country, where it owns and operates…

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