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SAO PAULO (Reuters) - Kroton Educacional SA (KROT3.SA) and Estácio Participações (ESTC3.SA), Brazil's two largest for-profit education firms, said antitrust agency Cade extended by 30 days the analysis period for the companies' proposed merger.
In a securities filing on Wednesday, the companies said the date for a final ruling was moved to July 27. Cade is not obliged to use all of the additional time and a ruling could come sooner, Kroton said.
Reporting by Ana Mano; Editing by Cynthia Osterman