Gavea Invests in Santillana, Odebrecht

Gavea Invests in Santillana, Odebrecht

Funds

Brazilian private equity firm Gavea Investimentos and DLJ South American Partners have acquired a 25% stake in Spanish publishing company Grupo Santillana de Ediciones for EUR279m in cash, a source with knowledge of the deal says. The Brazil-based source does not disclose what stake Gavea ended up with. The seller is Spain-based media conglomerate Prisa. Separately, Gavea, which is set this year to begin fundraising for a fourth PE fund, also became a shareholder of Brazil’s Odebrecht Realizacoe

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial