The Rio Times
Americas · 8 mins ago
Brazilian education group Anima shares crash 32% after $73 million FMU acquisition
Brazil · Business Key Facts —Price Tag Anima agreed to buy Centro Universitário FMU for R$410 million (about US$81 million), with R$240 million (about US$47 million) paid upfront. —Market Fallout ANIM3 shares plummeted roughly 31% after the deal was confirmed, erasing significant market value in a single session. —Added Debt The transaction includes Anima assuming…
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