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[quote=Anonymous]https://en.wikipedia.org/wiki/Primavera_Capital_Group
Primavera was an anchor pre-IPO investor of Alibaba. It has also invested in multiple subsidiaries of it including Alipay, Ant Group and Cainiao.[2][3][4][7][9]

Primavera and Ant Group acquired a $460 million stake in Yum China before it was spun off from Yum! Brands as an independent company and listed on the NYSE on November 1, 2016.[3][4][7][8][9][15][16]

Primavera has been acquiring private schools in the United States. In December 2017, it acquired Stratford Schools, which operates pre-k through 8th grade schools in California, for $500 million from Warburg Pincus in a leveraged buyout using $220 million in loans from Macquarie Group.[17][18]

In June 2021, Reckitt announced it would be selling its infant-formula and child-nutrition business in China to Primavera for $1.3 billion.[19]

In May 2023, Primavera received attention after it was reported it had acquired The Princeton Review and its subsidiary Tutor.com from Korean education company ST Unitas back in January 2022.[2][3]
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