Treasury
3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp 3-MO 3.89% unch 6-MO 3.98% -2bp 1-YR 4.03% -1bp 2-YR 4.18% -2bp 3-YR 4.24% -1bp 5-YR 4.33% unch 7-YR 4.47% unch 10-YR 4.63% unch 20-YR 5.18% unch 30-YR 5.17% -1bp
US Treasury par yield curve · Aug 5 · Source: U.S. Treasury
Wednesday, August 5, 2026
U.S. Edition
MONEY & WORLD
Subscribe
Graham Holdings

Kaplan is selling Dublin Business School to a Chinese higher education group for $127.5m, and the buyer filed the deal in Hong Kong the same day

Money & World
The Editorial Team ·
A close crop of a gently curved sheet of perforated metal, its regular grid of small round holes filling the frame, with a broad band of light falling across the middle and darker shadow to either side.
Photo: Brett Sayles / Pexels

The other half of this transaction was filed in Hong Kong.

Graham Holdings told the Securities and Exchange Commission on Wednesday afternoon that its Kaplan education business has agreed to sell Dublin Business School to China Chunlai Education Group, a private higher education provider in China. The same day, according to the press release furnished with the filing, China Chunlai lodged the transaction announcement with Hong Kong Exchanges and Clearing. The price is $127.5m.

Two exchanges, two disclosure regimes, one school.

What is actually being sold

Kaplan International UK Holdings Limited will sell all of the outstanding shares of Accountancy & Business College (Ireland) Limited, the company that operates Dublin Business School, together with certain intellectual property.

That is a share sale, not an asset sale, which is why the school itself is described as continuing rather than being broken up. The price is subject to possible deductions. The filing does not say what those deductions are or how large they could be.

Completion is subject to the satisfaction of completion conditions. Those conditions are not listed, and no closing date is given.

What the three named people said

The press release carries quotations from all three sides, and they are the only statements of reasoning on the record.

Junyu Hou, Executive Director of China Chunlai, called Dublin Business School an important long-term investment for the group and a platform for future growth, innovation and international collaboration, citing its reputation, academic quality and history of career-focused education.

Andy Rosen, Chief Executive Officer of Kaplan, said China Chunlai has deep experience supporting students and institutions through periods of growth, and described the buyer as a strong long-term steward. He framed the sale as a positive step for the school's students and staff, for the buyer, and for Kaplan and its shareholders.

Tim Bicknell, President of Dublin Business School, said Kaplan had built the school into a global institution and that the next chapter would be alongside China Chunlai.

Each of those is a quotation from a company announcement. None of it is a finding by anybody.

What is not in either document

No student numbers. No staff numbers. No revenue, no profit, no indication of what Graham Holdings paid for the school or when it bought it, and no statement of gain or loss on the sale.

There is also no mention of whether any Irish regulatory or education-sector approval is needed before completion. The filing says only that completion conditions exist.

The 8-K is signed by Wallace R. Cooney, the chief financial officer of Graham Holdings. The company it describes, once the publisher of a newspaper, now reports a sale of an Irish business school to a Chinese buyer as an other-events disclosure four paragraphs long.

The document: Graham Holdings Company Form 8-K, Item 8.01, and Exhibit 99.1 Kaplan press release, filed 5 August 2026.

More on Finance