|Day's Range||13.29 - 13.81|
|52 Week Range||11.92 - 17.08|
|PE Ratio (TTM)||12.51|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Brazil's antitrust watchdog Cade is considering vetoing next week the merger of the country's two largest for-profit education firms, Kroton Educacional SA and Estácio Participações, newspapers Valor Econômico and O Estado de S. Paulo reported on Wednesday. Cade will meet next Wednesday to give a final ruling but only one of the agency's five directors, Cristiane Alkmin, has given signs that the deal could be approved, the newspapers said, citing unidentified sources close to the discussions. In February, a preliminary report by the watchdog's economic studies department said the deal could hamper competition and lead to higher costs for consumers.
Brazil's antitrust watchdog Cade has demanded asset sales larger than initially expected by the country's largest for-profit college operators, Kroton Educacional SA and Estácio Participações SA, before it will approve their merger, three people with knowledge of the matter said on Monday. Cristiane Alkmin, the deal's rapporteur within Cade, held meetings with the companies' executives and lawyers two weeks ago and signaled they would have to commit to selling a large volume of assets, two of the sources said, asking for anonymity to discuss the matter freely. Options include selling college brand Anhanguera Educacional, acquired in 2013 by Kroton, and Estácio Participações brand, one of the sources said.
Categories: ETFs Yahoo FinanceClick here to see latest analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Kroton Educacional SA. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving ... Read more (Read more...)