BRIEF-Brazil Kroton CEO says total net debt after Somos deal will reach 2 times Ebitda

April 23 (Reuters) – Kroton Educacional SA:

* BRAZIL KROTON CEO SAYS 10 PERCENT OF ACQUISITION AMOUNT OF SOMOS (620 MILLION REAIS) WILL BE IN ESCROW ACCOUNT FOR CONTINGENCIES

* BRAZIL KROTON CEO SAYS COST SYNERGIES IN DEAL WITH SOMOS TOTAL AROUND 300 MILLION REAIS IN FOUR YEARS

* BRAZIL KROTON CEO SAYS TOTAL NET DEBT AFTER SOMOS DEAL WILL REACH 2 TIMES EBITDA Source text for Eikon: Further company coverage: (Reporting by Carolina Mandl)



Learn More about forex signal provider

What do you think?

0 points
Upvote Downvote

Total votes: 0

Upvotes: 0

Upvotes percentage: 0.000000%

Downvotes: 0

Downvotes percentage: 0.000000%

MOVES-Aberdeen Standard, BMO Real Estate, Evercore

Wall Street edges lower as tech stocks, bond yields weigh