Arco Platform logo

ARCE - Arco Platform News Story

$28.15 0.1  0.2%

Last Trade - 15/04/21

Mid Cap
Market Cap £1.17bn
Enterprise Value £1.07bn
Revenue £128.6m
Position in Universe 2409th / 6854

Arco, Cogna bidding for Brazilian learning systems owned by Pearson- report

Wed 24th February, 2021 12:20pm
SAO PAULO, Feb 24 (Reuters) - Brazilian education companies
Arco Platform Ltd  ARCE.O  and Cogna Educacao SA  COGN3.SA  are
interested in acquiring the Brazilian learnings systems owned by
Pearson PLC  PSON.L  , Valor Economico reported, without citing
how it got the information.
    Pearson acquired the learning systems from Brazilian private
education group SEB ten years ago for 888 million reais ($163
million). Arco, Pearson and Cogna did not immediately respond to
requests for comment.

($1 = 5.4399 reais)

 (Reporting by Tatiana Bautzer, editing by Louise Heavens)
 ((; Tel: +55-11-5644-7756; Mob:
+55-119-4210-4173; Reuters Messaging:
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.