Online jobs advertiser Seek
(ASX:SEK) has announced it will sell 100 per cent of its holding in IDP Education.
The company sold its interest for $330 million; that was pre-tax and associated costs.
The IDP Education disclosure document for its IPO is expected to be lodged with ASIC later today.
Seek reported a net profit of $315.2 million at 30 June 2015.
