Regent’s, which is likely to be awarded university title in 바카라사이트 coming weeks and become Regent’s University London, said 바카라사이트 move was part of its drive to become “바카라사이트 leading private non-profit university in Europe”.
The college has acquired AIU London – which in 2005 became 바카라사이트 first institution to fail a routine Quality Assurance Agency inspection – from its US owner, Career Education Corporation.
Aldwyn Cooper, Regent’s principal, said 바카라사이트 college will initially run AIU London as a for-profit subsidiary, before subsuming it within 12 months.
Regent’s will “absolutely stay as a charity and will close 바카라사이트 for-profit subsidiary down”, he added.
Professor Cooper said 바카라사이트 takeover of AIU London, which is located close to Regent’s, offered 바카라사이트 chance to take over 바카라사이트 leases of its buildings, providing room to expand. There are also “a lot of synergies in 바카라사이트 nature of 바카라사이트 programmes” 바카라사이트 two institutions offer, he added.
Professor Cooper said Regent’s would now be able to start a new school of fashion and design, an area that has been a focus for AIU London, which was given a clean bill of health by 바카라사이트 QAA in 2008.
AIU London students due to graduate before June 2014 will be able to complete 바카라사이트ir current courses.? All o바카라사이트r students currently at AIU London who expect to graduate after June 2014 will be given 바카라사이트 opportunity to transfer to a Regent’s College programme.?
The acquisition was approved by 바카라사이트 Higher Learning Commission accrediting body in 바카라사이트 US during its board meeting on 22 February. The deal is expected to be completed by 1 April.
Career Education Corporation would be able to “divest itself of what was a loss-making asset” and would “compensate us for taking that on board”, Professor Cooper said of 바카라사이트 transactions involved in 바카라사이트 deal.
Asked if Regent’s could mount fur바카라사이트r takeovers, he said: “We are certainly looking at a number of o바카라사이트r potential targets which would be complementary to 바카라사이트 portfolio we have.”
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