For Kroton, acquisition of studiare is not relevant and should not influence actions

In a statement to the Securities and Exchange Commission (CVM), Kroton said the acquisition of technology startup studiare by R $ 4.1 million was made by the subsidiary of the company (Editora e Distribuidora Educacional) and the purcha loan credit insurance se price as well as the realization of business "is not considered relevant to the company's management."

In the document, in which Kroton was consulted by the local authority to inform any procedures to shareholders in the absence of sending "material fact" to the market, the education company points out that the acquisition "did not influence (or will influence) the mar loan credit insurance ket price of the shares" company traded on the exchange.

The company adds that does not believe that the transaction will determine the decision of investors to buy, sell or hold the company's securities.


"For all the above, we employ the present to clarify that, considering that the acqui loan credit insurance sition of studiare was held by the Company, the Company's subsidiary and that their value and relevance to the Company's business are not considered relevant under iN CVM 358, the Company believed that the transaction should not have been disclosed under the CVM iN 358. in addition, since it was an acquisition by a private company, does not apply Article art. 256 of law 6,404 / 76, "says the note signed by the Investor Relations Officer, Carlos Lazar.