Kroton Educacional may have hired Itaú BBA to submit offer to acquire Estácio Participações
A Kroton Educacional contrata Itaú BBA e Barbosa Müssnich Aragão para possível oferta pela Estácio Participações
Intel ID : 237242
| Synopsis |
|
Kroton Educacional (BVMF:KROT3), a company engaged in education based in Minas Gerais, may have hired investment bank Itaú BBA as an advisor to submit an offer to acquire Estácio Participações (BVMF:ESTC11), as published by newspaper Exame on 1 June 2016. According to the news, the negotiations have not yet started, but Kroton Educacional plans to submit a formal offer to Estácio Participações' advisors in the next few weeks. If Estácio Participações' board blocks the proposal, it is possible that Rodrigo Galindo, Kroton Educacional's president, will submit a hostile bid for control, which would mean sending the proposal directly to the company's shareholders.
(content in portuguese)
A Kroton Educacional (BVMF:KROT3), empresa com sede em Minas Gerais que atua no setor educacional, teria contratado o Banco Itaú BBA como assessor financeiro e o escritório Barbosa Müssnich Aragão como assessor legal para a potencial oferta pela rede Estácio Participações (BVMF:ESTC11), segundo publicou a empresa em comunicado no dia 1º de junho de 2016. Segundo a notícia, as negociações ainda não começaram, mas a Kroton Educacional pretende levar uma proposta formal aos conselheiros da Estácio Participações nas próximas semanas. Caso o conselho da Estácio Participações barre a proposta, é possível que Rodrigo Galindo, presidente da Kroton Educacional, faça uma oferta hostil pelo controle, o que significaria encaminhar uma proposta diretamente aos acionistas da empresa. |
Relevant Documents
| Notice / Relevant Fact | 02 Jun 2016 | Kroton_Educacional_Comunicado_2016.pdf | PT |
|
| Intel ID | 237242 | |
| Value | ND | |
| Native Currency |
Brazilian Real (BRL)
Exchange Rate:  |
|
|
Financial Data - Estácio Participações
(31 Dec 2023) |
Revenue: EUR 959,61m EBITDA: EUR 296,38m Net Debt: EUR 517,50m Exchange Rate: 
|
|
| Date |
|
|
| Country | |
|
| Region | ||
| Continent | |
|
| Geography | |
|
| Subsector (Old TTR Sectors) |
|
|
| Type |
|
|
| Intel Grade |
|
|
| Source |
|
|
| Tags | |
Bidder
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
15.06.01 Colleges & Universities 15 Consumer Products & Services / 15.06 Education & Training Services |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Target
| Name |
|
||
| Subsector (Old TTR Sectors) |
|
||
| Primary Sector (TTRSC) |
15.06.02 Distance Learning 15 Consumer Products & Services / 15.06 Education & Training Services |
||
| Country |
|
||
| Website |
|
||
| Description |
|
Financial Advisory
| Parties | Advisor | Notes from Advisors | |||||
|---|---|---|---|---|---|---|---|
|
|
- |
Legal Advisory
| Parties | Advisor | Type | Notes from Advisors | |||||
|---|---|---|---|---|---|---|---|---|
|
|
- | - |
Radar
| Date | Title | Type | Intel Grade | Country | Subsector | ||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.