UPDATE 1-Brazil's Kroton mulls all-stock purchase of rival Estacio

June 2, 2016 2:01 PM

20 0

BRASILIA, June 2 Brazil's private education company Kroton Educacional SA said Thursday it was considering an all-stock purchase of rival Estacio Participacoes SA.

Kroton, the world's biggest private education company, said in a securities filing that it had hired Itau BBA and law firm Barbosa Müssnich Aragao to advise on this possible move.

Also read: Trump’s 15% Corporate Tax Seen as ‘Gambit’ as He Unveils Plan

Read more

To category page