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Brazil's Vitru hires banks for potential sale or merger, says local media
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Brazil's Vitru hires banks for potential sale or merger, says local media
Sep 24, 2024 10:57 AM

SAO PAULO, Sept 24 (Reuters) - Brazilian education firm

Vitru hired banks UBS BB and Itau BBA to find a

potential buyer or a firm interested in merging their

businesses, newspaper Valor Economico reported on Tuesday,

citing sources.

Cruzeiro do Sul and Yduqs were in

talks with Vitru for a deal, Valor Economico reported, adding

the former was looking for a merger, while the latter would be

interested in an acquisition.

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