Brazil's Kroton mulls all-stock purchase of rival Estacio

jueves 2 de junio de 2016 08:16 GYT
 

BRASILIA, June 2 (Reuters) - Brazil's private education company Kroton Educacional SA said Thursday it was considering an all-stock purchase of rival Estacio Participacoes SA.

Kroton said in a filing it had hired Itau BBA and law firm Barbosa Müssnich Aragão to advise on this possible move. (Reporting by Alberto Alerigi Jr., Writing by Silvio Cascione; Editing by Bernadette Baum)