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Kroton Educacional SA (KROT3.SA)

KROT3.SA on Sao Paulo Stock Exchange

9.65BRL
22 Jun 2018
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Thu, Jun 14 2018

Brazil's Kroton files for primary education unit to raise debt

BRASILIA, June 14 Brazil education company Kroton Educacional SA requested regulatory permission for its Saber subsidiary to issue local debt to finance the purchase of Somos Educacao SA and other acquisitions, according to a securities filing on Thursday.

Kroton nabs Somos for up to $1.8 billion in Brazil education deal

SAO PAULO/BRASILIA Brazil's largest for-profit education firm, Kroton Educacional SA , resumed its buying spree with an acquisition of Somos Educação SA for up to 6.3 billion reais ($1.8 billion), making a bold move into educating children after antitrust regulators knocked down a major university merger.

Kroton nabs Somos for up to $1.8 billion in Brazil education deal

SAO PAULO/BRASILIA Brazil's largest for-profit education firm, Kroton Educacional SA , resumed its buying spree with an acquisition of Somos Educação SA for up to 6.3 billion reais ($1.8 billion), making a bold move into educating children after antitrust regulators knocked down a major university merger.

UPDATE 6-Kroton nabs Somos for up to $1.8 bln in Brazil education deal

SAO PAULO/BRASILIA, April 23 Brazil's largest for-profit education firm, Kroton Educacional SA, resumed its buying spree with an acquisition of Somos Educação SA for up to 6.3 billion reais ($1.8 billion), making a bold move into educating children after antitrust regulators knocked down a major university merger.

Deals of the day-Mergers and acquisitions

April 23 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

BRIEF-Brazil Kroton CEO says total net debt after Somos deal will reach 2 times Ebitda

* BRAZIL KROTON CEO SAYS 10 PERCENT OF ACQUISITION AMOUNT OF SOMOS (620 MILLION REAIS) WILL BE IN ESCROW ACCOUNT FOR CONTINGENCIES

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

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

Brazil's Kroton buys $1.3 bln controlling stake in rival Somos

BRASILIA, April 23 Brazil's biggest for-profit education firm, Kroton Educacional SA, has agreed to buy a controlling stake in rival Somos Educação SA for 4.6 billion reais ($1.34 billion), according to a securities filing on Monday.

Brazil's Kroton unveils first primary education acquisition

SAO PAULO Kroton Educacional SA , Brazil's largest for-profit college operator, unveiled on Tuesday the acquisition of Centro Educacional Leonardo Da Vinci for an undisclosed value, its first foray into primary education.

Brazil's Kroton unveils first primary education acquisition

SAO PAULO, April 10 Kroton Educacional SA , Brazil's largest for-profit college operator, unveiled on Tuesday the acquisition of Centro Educacional Leonardo Da Vinci for an undisclosed value, its first foray into primary education.

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