May 16, 2017 / 11:49 AM / 2 months ago

BRIEF-Ser Educacional to sell 17.4 mln new shares

1 Min Read

May 16 (Reuters) - SER EDUCACIONAL SA:

* SAID ON MONDAY ITS BOARD APPROVED A PRIMARY PUBLIC OFFER OF 17.4 MILLION NEW SHARES, WITH RESTRICTED PLACEMENT EFFORTS

* the Price to Be Set Upon Bookbuilding Procedure

* THE TOTAL AMOUNT OF THE OFFER, BASED ON THE INDICATIVE PRICE PER SHARE, WOULD BE 444.8 MILLION REAIS

Source text: bit.ly/2qnqArr

Further company coverage: (Gdynia Newsroom)

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