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The offering shows there is optimism that demand for educational content will continue to grow despite challenges presented by COVID-19.
August 20, 2020 at 05:54 PM
1 minute read
Latin America Correspondent
Davis Polk & Wardwell and Mattos Filho advised a Brazilian education company on a Nasdaq-listed initial public offering.
Vasta Platform Ltd. provides online solutions for private schools. Its SEC-registered initial public offering of 18.5 million shares raised $352.9 million as a growing number of Brazilian firms tap capital markets during the pandemic. The company listed on the Nasdaq.
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