Kroton Educacional : Letter to the Board of Directors of Estácio Participações
June 21, 2016 at 07:25 am EDT
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MATERIAL FACT
Belo Horizonte, June 21th, 2016. KROTON EDUCACIONAL S.A. (BM&FBovespa: KROT3; OTCQX: KROTY) ('Company' or 'Kroton'), informs that yesterday, the Company sent, to the Chairman of the Board of Directors of Estácio Participações S/A ('Estácio'), the letter, attached hereto, relating to the potential combination of its business and that of Estácio.
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For more information, please contact our investor relations department:
Carlos Lazar - Director
Carolina Igi - Coordinator
Pedro Gomes - Coordinator
Kroton Educacional SA published this content on 21 June 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 June 2016 11:25:03 UTC.
Original documenthttp://ri.kroton.com.br/kroton2010/web/conteudo_en.asp?idioma=1&tipo=32840&conta=44&id=226704
Public permalinkhttp://www.publicnow.com/view/43166A9A4502148ADE9DD6DABE4A3ED8E446DF12
Cogna Educacao SA, formerly Kroton Educacional SA, is a Brazil-based company active in the private education sector. The Company focuses on developing primary and secondary schools, post-secondary and undergraduate programs, as well as vocational courses. The Company's activities are divided into three business segments: In-class higher education, which offers port-secondary programs on campus; Distance learning higher education (EAD), which provides port-secondary programs via online platform, and Basic education, which includes own and managed primary schools, collection and development of teaching materials, school management advisory, as well as educational support tools, among others. The Company operates a number of brand names, such as Anhanguera, Fama, Pitagoras, Unic, Unime and Unopar. In addition, it is involved in the wholesale, retail, distribution, import and export of textbooks, course books, magazines and other publications related to education.