Significados de anhanguera en inglés

Bloomberg reported earlier on Monday that Cade had requested the sale of Anhanguera to approve the merger.

Anhanguera sold 844 million reais of stock in December, raising more than expected to fund takeovers and expansion.

That of Anhanguera Educacional SA in 2013 faced several regulatory hurdles, forcing Kroton to review terms of the deal.

A similar remedy was applied when Kroton and former rival Anhanguera Participações SA applied for Cade approval to combine two years ago.

Kroton shares gained 7.4 percent to 27 reais after the announcement, while shares of Anhanguera were up 6.88 percent to 36.50 reais.