News: Tarpon Investimentos SA (TRPN3.SA)
24 Jul 2014
R$ 0.37 (+2.82%)
Mon, Jun 23 2014
The board of Brazilian education company Abril Educação SA on Monday named Mario Ghio Junior as chief executive officer, following a more than $250 million investment by buyout firm Tarpon Investimentos SA. (Editing by Lisa Shumaker)
(Adds details of deal, paragraph 3: background paragraph 5)
SAO PAULO, June 4 - Funds managed by Brazilian buyout firm Tarpon Investimentos SA struck a deal worth 607 million reais ($268 million)for a 19.9 percent stake in education company Abril Educação SA, according to a Wednesday securities filing.
Funds managed by buyout firm Tarpon Investimentos SA offered shareholders of Cremer SA 17 reais for each outstanding share of the Brazilian medical supplies maker, according to a market filing published on Monday.