RM sells TTS education resources unit to Eduviva for up to GBP 53.5 million

Eduction group Eduviva to buy RM’s TTS unit for up to GBP 53.5 million enterprise value, including assumed GBP 14.2 million lease liabilities, with upfront consideration of GBP 36.3 million (GBP 32.6 million at completion) plus a cash earn-out of up to GBP 3 million.