IDP Education Limited (ASX:IEL) entered into an agreement to acquire Intake Education for AUD 83 million on September 19, 2022. IDP will fund the acquisition using a combination of existing cash and debt facilities. The transaction is subject to customary completion conditions.

The agreement is expected to be completed in November. Joel Cox and Karena Huang of DLA Piper Australia acted as legal advisor to IDP Education Limited.