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South Africa's Advtech confirms unsolicited takeover offer from Curro Posted: 15 Jul 2015 05:59 AM PDT By Nqobile Dludla JOHANNESBURG (Reuters) - South Africa's second-biggest private education firm Advtech on Wednesday confirmed it had received a takeover offer from larger rival Curro Holdings. Curro, which has seen rapid growth in the demand for its brand of cheaper private schools, also confirmed the negotiations in a statement to the stock exchange. Both companies have been on a buying spree the past few years as public education in Africa's most advanced economy has slumped to among the worst ranked by the World Economic Forum.

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