Vitru Announces Price Adjustment of its Business Combination with UniCesumar
Vitru Limited - Common Shares (VTRU)
Company Research
Source: GlobeNewswire
FLORIANÓPOLIS, Brazil, Nov. 23, 2022 (GLOBE NEWSWIRE) -- Vitru Limited (“Vitru”) announces that it has entered into a definitive agreement with the sellers (“Sellers") of CESUMAR – Centro de Ensino Superior de Maringá Ltda (“UniCesumar”) pursuant to which the Sellers have agreed to a purchase price reduction of R$73.1 million. This reduction is part of the purchase price adjustment mechanism agreed upon by Vitru and the Sellers in the Quota Purchase Agreement relating to the UniCesumar business combination, signed by the parties on August 23, 2021, and is related to certain variations in the balance sheet of UniCesumar until the closing of the business combination on May 20, 2022. In addition, Vitru and the Sellers also agreed that the portion of the purchase price to be paid in cash 12 months after closing will be paid 24 months after closing (i.e., by May 20, 2024). The amount of the purchase price adjustment will be deducted from the portion of the purchase price to be paid by V
Show less
Read more
Impact Snapshot
Event Time:
VTRU
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
VTRU alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
VTRU alerts
High impacting Vitru Limited - Common Shares news events
Weekly update
A roundup of the hottest topics
VTRU
Sec Filings
- 4/22/24 - Form 6-K
- 3/28/24 - Form 6-K
- 3/22/24 - Form 6-K
- VTRU's page on the SEC website