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Vasta Platform Limited to Report Fourth Quarter 2020 Financial Results on March 30, 2021

Vasta Platform Limited to Report Fourth Quarter 2020 Financial Results on March 30, 2021
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Vasta Platform Limited , Platform Limited , Investor Relations , வாஸ்தா நடைமேடை வரையறுக்கப்பட்டவை , நடைமேடை வரையறுக்கப்பட்டவை , முதலீட்டாளர் உறவுகள் ,

Vasta to acquire Editora Eleva


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 CDI index), which corresponds to a multiple of 16.6x the EBITDA of Editora Eleva for the year ended on December 31, 2020. ....

Somos Sistemas , Vasta Platform , Platform Limited , Purchase Agreement , Eleva Educa , Editora Eleva , Saber Servi , Cogna Educa , Nasdaq Vsta , Vasta Platform Limited , சோமோஸ் சீஸ்தேமஸ் , வாஸ்தா நடைமேடை , நடைமேடை வரையறுக்கப்பட்டவை , சபெற் செருவி , வாஸ்தா நடைமேடை வரையறுக்கப்பட்டவை ,