Vitru Limited invites you to a webcast and conference call referring to the Definitive Agreement for the Business Combination with UniCesumar
Vitru (Nasdaq: VTRU) announced a definitive agreement to acquire 100% of CESUMAR – Centro de Ensino Superior de Maringá Ltda (UniCesumar) through its subsidiary, Vitru Brasil Empreendimentos, Participações e Comércio S.A. This strategic move aims to enhance Vitru's position in the Brazilian postsecondary distance learning market. A conference call will be held on August 24, 2021, to discuss the acquisition details. As Brazil's leading pure distance learning education group, Vitru focuses on democratizing education through a robust digital ecosystem.
- Acquisition of UniCesumar expands Vitru's market presence in Brazil's education sector.
- Strengthens Vitru's complete pedagogical ecosystem for distance education.
- None.
FLORIANÓPOLIS, Brazil, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Vitru Limited, or Vitru (Nasdaq: VTRU), today announced that it entered into a definitive agreement for a business combination, through its wholly-owned subsidiary Vitru Brasil Empreendimentos, Participações e Comércio S.A., of
Vitru will host a corresponding webcast and conference call on August 24, 2021 at 9:00 a.m. Eastern time (10:00 a.m. Brazilian time).
A live and archived webcast of the call will be available on the Events section of Vitru’s Investor Relations website at https://investors.vitru.com.br.
Investors may listen to the conference call by dialing in to +1(844) 204-8942 (U.S. Toll-Free), +1(412) 717-9627 (International), or +55(11) 4090-1621 (Brazil), password Vitru.
About Vitru
Vitru is the leading pure distance learning education group in the postsecondary distance learning market in Brazil. Through its invested companies, Vitru provides a complete pedagogical ecosystem focused on hybrid distance learning experience for undergraduates and continuing education students.
Vitru’s mission is to democratize access to education in Brazil through a digital ecosystem and empower every student to create their own successful story.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the U.S. federal securities laws. Statements contained herein that are not clearly historical in nature are forward-looking, and the words “anticipate,” “believe,” “continues,” “expect,” “estimate,” “intend,” “project” and similar expressions and future or conditional verbs such as “will,” “would,” “should,” “could,” “might,” “can,” “may,” or similar expressions are generally intended to identify forward-looking statements. These forward-looking statements speak only as of the date hereof and are based on Vitru’s current plans, estimates of future events, expectations and trends that affect or may affect our business, financial condition, results of operations, cash flow, liquidity, prospects and the trading price of Vitru’s common shares, and are subject to several known and unknown uncertainties and risks, many of which are beyond Vitru’s control. As a consequence, current plans, anticipated actions and future financial position and results of operations may differ significantly from those expressed in any forward-looking statements in this press release. You are cautioned not to unduly rely on such forward-looking statements when evaluating the information presented. Vitru does not undertake any obligation to update publicly or to revise any forward-looking statements after we distribute this press release because of new information, future events or other factors.
FAQ
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