Radar > 242806

Kroton Educational may sell distance education business

Kroton Educacional pode vender negócio de educação a distância

Intel ID : 242806
Synopsis

Kroton Educacional (BVMF: KROT3), a Belo Horizonte, Brazil-based educational companyr, considers selling the distance education business of Estácio Participações (BVMF: ESTC11), reported Exame on 23 November 2016.

The possible sale is related to obtaining an antitrust guarantee for the acquisition of Estácio Participações by Kroton Educacional in June 2016 (see related transaction).

The distance education business of Estácio Participações, which includes Uniseb and other brands, may be the best option to dispose, so it would not compromise the the companies' agreement.
(content in portuguese)

A Kroton Educacional (BVMF:KROT3), empresa em Belo Horizonte que atua no setor educacional, está considerando se desfazer de todo o negócio de ensino a distância (EAD) da Estácio Participações (BVMF:ESTC11), segundo publicou a Exame no dia 23 de novembro de 2016.

A possível venda está relacionada com a obtenção de aval antitruste, para aquisição da Estácio Participações pela Kroton Educacional em junho de 2016 (ver transação relacionada).

O negócio de EAD da Estácio Participações, que inclui a Uniseb e outras marcas, pode ser a melhor opção de venda de ativos para não comprometer os objetivos do acordo entre as empresas.

Intel ID 242806
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Kroton Educacional
(31 Dec 2024)
Revenue: EUR 997,64m
EBITDA: EUR 318,55m
Net Debt: EUR 416,42m
Exchange Rate:
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Intel Grade
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Tags

Seller

Name
potential
Subsector (Old TTR Sectors)
Services and Distribution / Education (Primary)
Primary Sector (TTRSC)
15.06.01 Colleges & Universities
15 Consumer Products & Services / 15.06 Education & Training Services

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Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    
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Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.