April 23, 2018 / 3:59 PM / 3 months ago

BRIEF-Brazil's Kroton won't pursue more primary education deals in short term

April 23 (Reuters) - Kroton Educacional SA:

* BRAZIL KROTON CEO SAYS CO’S BASIC EDUCATION SUBSIDIARY SABER AND SOMOS EDUCACAO TOGETHER HAVE LOW MARKET SHARE, OPERATIONAL OVERLAP

* BRAZIL KROTON CEO SAYS NOT NECESSARY TO MAKE FURTHER ACQUISITIONS IN BASIC EDUCATION IN THE SHORT TERM

* BRAZIL KROTON CEO SAYS SOMOS ACQUISITION WILL RAISE BASIC EDUCATION SEGMENT’S SHARE OF CO’S NET RECEIPTS FROM 3 PERCENT TO 28 PERCENT Further company coverage: (Reporting By Gabriela Mello and Luciano Costa)

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