Brief: Afya Announces Entering Into Of Purchase Agreement For Acquisition Of Centro Universitário São Lucas

Afya

21/02/2020 13:06

Feb 21 (Reuters) - Afya Ltd  AFYA.O :
    * AFYA LIMITED ANNOUNCES ENTERING INTO OF PURCHASE AGREEMENT
FOR
THE ACQUISITION OF CENTRO UNIVERSITÁRIO SÃO LUCAS
    * AFYA LTD - AGGREGATE PURCHASE PRICE IS R$341.6 MILLION
    * AFYA LTD - IN 2019, UNISL'S GROSS REVENUE TOTALED R$227.5
MILLION
    * AFYA LTD - ACQUISITION WILL CONTRIBUTE 182 MEDICAL SCHOOL
SEATS
TO AFYA
    * AFYA LTD -  AGGREGATE PURCHASE PRICE 70% IS PAYABLE IN
CASH ON
TRANSACTION CLOSING DATE
    * AFYA LTD -  AGGREGATE PURCHASE PRICE 30% IS PAYABLE IN
CASH IN
THREE EQUAL INSTALLMENTS THROUGH 2023, ADJUSTED BY CDI RATE

Source text for Eikon:  ID:nGNX84HHPs 
Further company coverage:  AFYA.O 

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