Brazil's SEB plans Nasdaq listing for $500 million premium schools business
2 Min Read SAO PAULO (Reuters) - Brazilian education group Grupo SEB plans to spin off its premium K-12 schools business and list it on Nasdaq, controlling shareholder and chief executive Chaim Zaher told Reuters. FILE PHOTO: A view of the exterior of the Nasdaq market site in the Manhattan borough of New York City, U.S., October 24, 2016. REUTERS/Shannon Stapleton Zaher is a long time investor in Brazilian for-profit education and owns stakes in Yduqs Participacoes, formerly known as Estacio, and Cogna Educacao. In recent years, Zaher has changed course and invested in developing K-12 schoo...
Source: reuters.com