07:48 AM EST, 11/25/2024 (MT Newswires) -- Apollo Global Management-backed (APO) Global Schools Holdings is exploring options including a minority stake sale to help raise cash and expand the business, Bloomberg reported Monday, citing people familiar with the matter.

Global Schools, a network of international schools, is working on a potential transaction that could value the firm at over $1 billion, the report said.

Prospective investors include private equity firms, according to the report.

Talks are still ongoing and no final decisions have been made, Bloomberg said.

Global Schools and Apollo Global did not immediately respond to MT Newswires' requests for comment.

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