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Emerging Markets

Ânima Pays 410 Million Reais to Buy Back the College It Sold in 2020

The Rio Times · 1h ago · 🇧🇷 Brazil

Ânima Pays 410 Million Reais to Buy Back the College It Sold in 2020

Markets Key Facts —The deal. Ânima Educação (ANIM3) signed on July 14 to buy Centro Universitário FMU for R$410m ($80m), disclosed in a market filing. —The round trip. Ânima sold FMU to a Farallon Capital fund for R$500m in 2020. It is buying the same college back for 82% of that price. —The condition. FMU […] The post Ânima Pays 410 Million Reais to Buy Back the College It Sold in 2020 appeared first on The Rio Times .

Read the full story at The Rio Times →

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