Ser Educacional S.A. cancelled the acquisition of Faculdade Internacional da Paraíba and Centro Universitário Guararapes from Anima Holding S.A..
July 04, 2021
Share
Ser Educacional S.A. (BOVESPA:SEER3) agreed to acquire Faculdade Internacional da Paraíba and Centro Universitário Guararapes from Anima Holding S.A. (BOVESPA:ANIM3) for BRL 180 million on December 29, 2020.
Ser Educacional S.A. (BOVESPA:SEER3) cancelled the acquisition of Faculdade Internacional da Paraíba and Centro Universitário Guararapes from Anima Holding S.A. (BOVESPA:ANIM3) on July 5, 2021. Ser decided not to use its preferential right and instead receive compensation in cash for the same value.
Anima Holding SA, formerly GAEC Educacao SA, is a Brazil-based company principally engaged in the educational sector. The Company's activities are divided into two segments: Higher education and Vertical management. The Higher education division focuses on developing formal and distance education services by offering college degrees and professional specialization courses, including undergraduate, graduate, masters, doctorate and extension degrees. The Vertical management division offers congresses, forums, seminars, specialization and in-company courses to professionals, as well as publishes books and magazines related to management and business. Its educational institutions are located in the states of Minas Gerais and Sao Paulo, Brazil. The Company operates through a number of subsidiaries, such as Minas Gerais Educacao SA, Instituto Mineiro de Educacao e Cultura Uni-BH SA, Posse Gestao Patrimonial SA and HSM do Brasil SA.