9 de junio de 2014 / 13:38 / hace 3 años

STXNEWS LATAM-Brazil's Anhanguera rises as board approves takeover by Kroton

1 MIN. DE LECTURA

Anhanguera Educacional Participações SA stock rose 1.5 percent on Monday as its board of directors approved a share swap plan, a key to proceeding with a merger with rival Kroton Educacional SA. In recent weeks, Brazil's antitrust watchdog approved Kroton's $2.5 billion takeover of Anhanguera with several restrictions. Kroton shed 0.3 percent.

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