Arco, Cogna bidding for Brazilian learning systems owned by Pearson- report

Reuters

Wed, Feb 24, 2021, 7:20 AM

In this article:

SAO PAULO, Feb 24 (Reuters) - Brazilian education companies Arco Platform Ltd and Cogna Educacao SA are interested in acquiring the Brazilian learnings systems owned by Pearson PLC , Valor Economico reported, without citing how it got the information.

Pearson acquired the learning systems from Brazilian private education group SEB ten years ago for 888 million reais ($163 million). Arco, Pearson and Cogna did not immediately respond to requests for comment. ($1 = 5.4399 reais) (Reporting by Tatiana Bautzer, editing by Louise Heavens)

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Arco, Cogna bidding for Brazilian learning systems owned by Pearson- report

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