Skillsoft Clears Final Regulatory Hurdle For Sale Of Global Knowledge Business After Saudi Competition Approval; Transaction Expected To Close In Q2
Benzinga·06/18/2026 21:03:42
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On June 18, 2026, Skillsoft Corp., a Delaware corporation ("Skillsoft") was informed that EHJob GP LLC has received approval from the General Authority for Competition of Saudi Arabia clearing the previously announced pending sale of Skillsoft's Global Knowledge business (the "Transaction"). As a result, all required regulatory approvals and clearances for the pending Transaction have been obtained.
Completion of the Transaction remains subject to the satisfaction or waiver of customary closing conditions. The Company currently expects the Transaction to close in the second fiscal quarter.
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