Cogna begins IPO listing of US subsidiary

Cogna begins IPO listing of US subsidiary

Capital Markets Equity IPO US Latin America Brazil

Brazilian private education company Cogna Educação said on Monday it started the process for an initial public offering (IPO) of its K-12 subsidiary, Vasta Educação, on the Nasdaq stock exchange and will use part of the proceeds to fund acquisitions. Cogna said in a securities filing it opened an application for the distribution of Class A common shares to be issued by the wholly-owned subsidiary with the US Securities and Exchange Commission (SEC). The proposed offer will also include an agreem

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