Arco Announces Receipt Of Non-Binding Going Private Proposal From General Atlantic

Published on November 30, 2022 10:46 PM -03

Nov 30 (Reuters) - Arco Platform Ltd:

* ARCO ANNOUNCES RECEIPT OF NON-BINDING GOING PRIVATE PROPOSAL

* PURCHASE PRICE PROPOSED BY GENERAL ATLANTIC AND DRAGONEER FOR EACH CLASS A COMMON SHARE IS US$11.00 IN CASH

* BOARD RECEIVED A PRELIMINARY NON-BINDING PROPOSAL DATED NOV 30, FROM GENERAL ATLANTIC L.P. AND DRAGONEER INVESTMENT GROUP Source text for Eikon: Further company coverage:

Reuters

Reuters -
96361 Posts
...

Disclaimer

The above content is directly sourced from Reuters under a contractual arrangement. The content is being provided as a convenience and for informational purposes only; and does not constitute an endorsement or approval by Kalkine Media of any of the products, services, or opinions of the organization or individual. The user is apprised that Kalkine Media bears no responsibility for the accuracy, legality, or content of Reuters, any external sites, or for that of subsequent links. The user is requested to contact Reuters directly for answers to questions regarding the content. Please note that Kalkine Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.