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Article: Estacio Announces Acquisitions in Sao Paulo.
- Article from:
- PR Newswire
- Article date:
- February 19, 2008
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RIO DE JANEIRO, Feb. 18 /PRNewswire-FirstCall/ -- ESTACIO PARTICIPACOES S.A. ("Estacio" or "Company", Bovespa: ESTC11), announced today in Brazil that it has closed three deals, through UniRadial, maintained by its subsidiary IREP Sociedade de Ensino Superior, Medio e Fundamental Ltda., for the acquisition of the following post-secondary education institutions, based in Sao Paulo:
1. Sociedade Interlagos de Educacao e Cultura S/S Ltda., which maintains
the Interlagos College (Faculdade Interlagos), with two campuses and
headquarters in the city of Sao Paulo, with a total of approximately
1,365 students enrolled at the end of 2007. The purchase ...