Education Firm Anima Sinks Over 30% as Analysts Pan M&A Deal
Shares of Brazilian education company Anima Holding SA slumped a record 33% on Wednesday after it agreed to repurchase a business it had sold five years ago, with analysts citing...
By Leda Alvim and Rachel Gamarski · Bloomberg Markets
Shares of Brazilian education company Anima Holding SA slumped a record 33% on Wednesday after it agreed to repurchase a business it had sold five years ago, with analysts citing high valuation and an increase in leverage.