Kroton Educacional : Material Fact - Business combination with Estácio
August 15, 2016 at 05:20 pm EDT
Share
KROTON EDUCACIONAL S.A.
Corporate Taxpayer ID (CNPJ/MF): 02.800.026/0001-40
Company Registry (NIRE): 31.300.025.187
Publicly Held Company
ESTÁCIO PARTICIPAÇÕES S.A.
Corporate Taxpayer ID (CNPJ/MF): 08.807.432/0001-10
Company Registry (NIRE): 31.300.282.050
Publicly Held Company
MATERIAL FACT
Kroton Educacional S.A. ("Kroton") and Estácio Participações S.A. ("Estácio", and, jointly with Kroton, the "Companies") announce that, on the date hereof, the Extraordinary Shareholders' Meeting of Estácio and the Extraordinary Shareholders' Meeting of Kroton approved the business combination between the Companies ("Operation"), in accordance with the agreement and plan of merger of the shares of Estácio into Kroton, entered into on July 8, 2016 ("Merger Agreement") and announced through the Material Fact notices dated July 8, 2016 and July 14, 2016.
The decisions taken by the Shareholders' Meetings are still subject to approval by Brazil's antitrust agency CADE (Conselho Administrativo de Defesa Econômica), in accordance with the Merger Agreement.
August 15, 2016
Carlos Alberto Bolina Lazar Investor Relations Officer of Kroton Educacional S.A.
Pedro Thompson
Investor Relations Officer of Estácio Participações S.A.
Kroton Educacional SA published this content on 15 August 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 August 2016 21:20:03 UTC.
Original documenthttp://ir.kroton.com.br/kroton2010/web/download_arquivos.asp?id_arquivo=09E8D501-E202-4F19-91E5-5ADDEE6F5621
Public permalinkhttp://www.publicnow.com/view/1F9659B0479AF0FCBD07045EF6465722299D7723
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.
COGNA EDUCAÇÃO 
