SAO PAULO May 15 Brazilian businessman Carlos
Wizard Martins bought a 35-percent stake in English language
training school chain Wise-Up for 200 million reais ($64.35
million), the company said in a statement on Monday.
With the acquisition, Martins returns to Brazil's education
sector after selling a language education chain he founded to
Britain's Pearson Plc three years ago, for 2 billion
Since then, Martins acquired Brazilian health foods store
chain Mundo Verde Ltda for an undisclosed value.
Wise-Up, which is controlled by Brazilian entrepreneur
Flávio Augusto da Silva, operates 250 foreign language schools
in Brazil and expects to reach 320 units by year-end.
($1 = 3.1080 reais)
(Reporting by Tatiana Bautzer; Editing by Christian Plumb and