Skip to main content

Arco Platform Limited Receives Antitrust Approval for Acquisition of Sistema Positivo de Ensino

Written by Customer Service on . Posted in Mergers And Acquisitions.

SÃO PAULO, Brazil, Oct. 23, 2019 (GLOBE NEWSWIRE) — Arco Platform Limited, or Arco (Nasdaq: ARCE), today announced that it has received final antitrust approval from Brazil’s Administrative Council for Economic Defense – CADE, with no conditions, for its previously announced acquisition of Sistema Positivo de Ensino (Positivo).
The acquisition, which remains subject to other customary closing conditions, is expected to close in the near term.About Arco Platform LimitedArco has empowered hundreds of thousands of students to rewrite their futures through education. Our data-driven learning, interactive proprietary content, and scalable curriculum allows students to personalize their learning experience with high-quality solutions while enabling schools to provide a broader approach to education.Investor Relations Contact:Arco Platform Limited
IR@arcoeducacao.com.br

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.