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Rise Education files for IPO

publication date: Oct 1, 2017
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Rise Education Cayman, the Bain Capital-backed Chinese provider of after-school English lessons, has filed with the US Securities and Exchange Commission (SEC) to raise up to $100m in an IPO on the NASDAQ. However, press reports suggest proceeds could be closer to $200m based on a reported $1bn valuation estimate in July 2017.

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