Radar > 243574

Ser Educacional interested in acqusitions after losing Estácios' bid

Ser Educacional interessada em aquisições após perder oferta da Estácio Participações

Intel ID : 243574
Synopsis

Ser Educational (BVMF: SEER3) renewed its interest in mergers and acquisitions after losing a bidding for Estácio Participações to Kroton Educacional (see related transaction), reported UOL on 19 December 2016, citing a Bloomberg interview with the company's president Jânyo Diniz.

According to Diniz, Ser Educacional has about BRL 400m in cash that could be used in possible agreements.
(content in portuguese)

A Ser Educacional (BVMF: SEER3) renovou o interesse em fusões e aquisições por após perder uma guerra de ofertas pela Estácio Participações para a Kroton Educacional (ver transação relacionada), de acordo com publicação do portal UOL em 19 de dezembro de 2016, que cita entrevista da Bloomberg feita com o diretor-presidente da empresa, Jânyo Diniz.

Segundo Diniz, o grupo Ser Educacional possui cerca de BRL 400m em dinheiro que poderia usar em possíveis acordos.

Intel ID 243574
Value ND
Native Currency Brazilian Real (BRL)
Exchange Rate:
Financial Data - Grupo Ser Educacional
(31 Dec 2024)
Revenue: EUR 309,31m
EBITDA: EUR 72,02m
Net Debt: EUR 92,67m
Exchange Rate:
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
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

Secondary Sectors (TTRSC)
15.06.03 Schools
15 Consumer Products & Services / 15.06 Education & Training Services

15.06.99 Other Education & Training Services
15 Consumer Products & Services / 15.06 Education & Training Services

25.03.03 Real Estate Services
25 Financial Services / 25.03 Real Estate

25.04.99 Other Financial Services
25 Financial Services / 25.04 Other Financial Services

Country
Website
Description

Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    
-

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.