Kroton Adds University for BRL1bn Plus
Dec 19, 2011
Brazil’s Kroton Educacional has agreed to acquire Uniao Norte do Parana de Ensino (Unopar) for BRL1.3bn ($701.8m), using a combination of debt and newly issued shares. In the first of a two-phase acquisition, Kroton will buy an initial 80% stake in the...
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