Eleva Educa News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SÃO PAULO, Brazil, Oct. 29, 2021 (GLOBE NEWSWIRE) -- Vasta Platform Limited (“Company” or “Vasta”) (NASDAQ: VSTA) today announced the completion by...

Company”) (NASDAQ: VSTA) today announced the execution by its subsidiary, Somos Sistemas de Ensino S.A. (“ Somos Sistemas”), of a Sale and Purchase Agreement to acquire (the “ Acquisition”), subject to certain conditions precedent, Editora Eleva S.A. (“ Editora Eleva”), a K-12 education platform provider, from Eleva Educação S.A. (“ Eleva”). As consideration for the Acquisition, Vasta will pay a purchase price amounting to R$ 580 million, subject to certain price adjustments, in installments over a 5-year period (each installment adjusted by the positive variation of the ...

Cogna confirms M&A talks with Eleva Cogna confirms M&A talks with Eleva January 8, 2021 Brazilian private education company could buy high schools and sell teaching materials in the deal M&AEquityBrazil Brazilian private education company Cogna Educação has confirmed that it is in talks with local rival Eleva Educação to buy and sell certain assets. Cogna could sell schools owned by its subsidiary Saber Educação to Eleva, while Eleva could buy teaching material assets from Cogna. Eleva could also sell a "learning system" to Somos Educação, another Cog...