January 5, 2018 / 9:35 PM / a year ago

BRIEF-TAL Education Says Equity Investment Firm To Buy $500 Mln Of Co's Newly Issued Class A Shares

Jan 5 (Reuters) - Tal Education Group:

* TAL EDUCATION - EQUITY INVESTMENT FIRM TO BUY $500 MILLION OF NEWLY ISSUED CLASS A SHARES OF CO

* TAL EDUCATION - AFTER DEAL, INVESTOR WILL HOLD ABOUT 5% OF CO’S OUTSTANDING SHARES

* TAL ANNOUNCES INVESTMENT BY A LONG-TERM EQUITY INVESTMENT FIRM

* TAL EDUCATION - INVESTOR AGREED NOT TO SELL, TRANSFER OR DISPOSE SHARES ACQUIRED FOR 6 MONTHS AFTER DEAL CLOSE Source text for Eikon: Further company coverage:

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