Prisa completes acquisition of education business from Carvajal

Industry:    2016-09-14

Promotora de Informaciones SA (Prisa) :

* Said Saturday its unit Grupo Santillana Educacion Global SL had completed acquisition of education business of Carvajal SA for 14.3 million euros ($16.1 million)

* Operation involved purchase of shares in companies engaged in education business in Colombia, Argentina, Chile, Guatemala, Mexico, Peru and Puerto Rico

* Shares of Grupo Editorial Norma SA were not transferred as the company had not obtained relevant authorization from the competition bodies

Source text: bit.ly/2ckSw7W

Further company coverage:

($1 = 2,918.0000 Colombian pesos) ($1 = 0.8896 euros) (Gdynia Newsroom)

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