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Vitru Says Board Has Approved Corporate Restructuring Proposal, Under Which Vitru Would Merge Into Its Wholly-Owned Subsidiary Vitru Brazil

Author: Benzinga Newsdesk | September 05, 2023 03:52pm

The proposed transaction, if approved, is expected to close in the fourth quarter of 2023 or the first quarter of 2024.Vitru Brazil would be the surviving entity and would become the new holding company for the Vitru group.Vitru shares are expected to be delisted from the Nasdaq Global Select Market

Posted In: VTRU


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