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Estacio Participacoes SA (ESTC3.SA)

ESTC3.SA on Sao Paolo Stock Exchange

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R$ -0.46 (-2.64%)
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R$ 16.61
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Latest Key Developments (Source: Significant Developments)

Estacio Participacoes appoints Pedro Thompson Landeira de Oliveira as CEO
Monday, 3 Oct 2016 08:41am EDT 

Estacio Participacoes SA : Said on Friday its board of directors approved to appoint Pedro Thompson Landeira de Oliveira as chief executive officer .Pedro Thompson Landeira de Oliveira will simultaneously perform duties of chief executive, financial and investor relations officer on a temporary basis.  Full Article

Shares of Brazil's Estacio up 20 pct on Kroton's takeover plan
Thursday, 2 Jun 2016 09:20am EDT 

: Shares of Brazilian education group Estacio Participacoes SA rise 20 percent in early trade after rival Kroton announces plan to buy company . Kroton shares open trading Thursday up 8 percent after it announces plan to takeover Estacio Further company coverage: [nL1N18U0HZ] (Reporting by Reese Ewing) ((reese.ewing@thomsonreuters.com;)).  Full Article

Estacio Participacoes appoints new CFO
Monday, 9 May 2016 07:30am EDT 

Estacio Participacoes SA : Announced on Friday that it appointed Pedro Thompson Landeira de Oliveira as new Chief Financial and Investor Relations Officer .Virgilio Deloy Capobianco Gibbon moves to the position of Executive Officer for Services.  Full Article

Estacio Participacoes SA to take out loan of up to $100 million
Thursday, 24 Mar 2016 09:23am EDT 

Estacio Participacoes SA:Says its board has approved to sign financing agreement for up to $100 million in national currency, with a term of 6 to 8 years, to be utilized within 12 months.Says loan will be taken from International Finance Corporation and used to support expansion plan and investment.  Full Article

Estacio Participacoes SA's unit buys FUFS faculties for 9.5 mln Brazilian reais
Friday, 11 Mar 2016 06:43am EST 

Estacio Participacoes SA:Says that through its indirect unit Sociedade Educacional Atual da Amazonia Ltda it has acquired all of the quota of Sociedade Empresarial de Estudos Superiores e Tecnologicos Sant'Ana Ltda.The acquired entity is a holder of Faculdades Unidas Feira De Santana - Unisantana ("FUFS").Transaction price is of 9.5 million Brazilian reais.  Full Article

Oppenheimer Funds, Inc reaches 17.1 percent stake in Estacio Participacoes SA
Friday, 9 Oct 2015 09:02am EDT 

Estacio Participacoes SA:Oppenheimer Funds, Inc reaches 17.1 percent stake in the company (54,156,850 shares).  Full Article

Lazard Asset Management LLC reaches 9.68 percent stake in Estacio Participacoes SA
Friday, 25 Sep 2015 11:16am EDT 

Estacio Participacoes SA:Lazard Asset Management LLC reaches 9.68 percent stake in the company.  Full Article

Estacio Participacoes SA announces forth share repurchase programme
Friday, 7 Aug 2015 07:42am EDT 

Estacio Participacoes SA:Announces that on Aug. 6 it approved the forth share repurchase programme for repurchase of up to 9,500,550 ordinary shares, representing 3 percent of the share capital of the company.Program to run for 359 days, until July 29, 2016.  Full Article

Estacio Participacoes SA to buy educational center Nossa Cidade Ltda. through unit
Tuesday, 7 Jul 2015 07:56am EDT 

Estacio Participacoes SA:Says that it formalized a purchase commitment to acquire educational center Nossa Cidade Ltda. through company's indirect unit Sociedade Educacional Atual da Amazonia Ltda.Investemt value is of 90 million Brazilian reais, to be paid in 52 percent on the closing date, in financial resources and through debt assumption.The resting part of the transaction to be paid in up to 42 months.Transaction does not include acquisition of property.  Full Article

More From Around the Web

Brazil's Estacio shareholder reduces stake to 9.7 pct -filing

SAO PAULO, May 12 A leading shareholder in Brazil's for-profit college operator Estacio Participações SA , the Zaher family, has reduced its stake from 14 percent to 9.7 percent, the company said in a securities filing on Friday.