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Tue 10 Oct 2008EMPG in $125m joint venture with Dubai government
BARRY O'CALLAGHAN'S Education Media and Publishing Group (EMPG) is entering into a $125 million (€94 million) venture with the government of Dubai to target the educational publishing sector in high-growth developing markets.
EMPG International (EMPGI) will be 66.7 per cent owned by EMPG and 33.3 per cent owned by Istithmar World Capital, the alternative investment arm of Dubai World, which is owned by the government of Dubai.
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