Afya Limited And Yduqs Participações S.A. Enter Into Merger Agreement

By Reuters News

Sept 23 (Reuters) - Afya Limited AFYA.O:

  • AFYA LIMITED AND YDUQS PARTICIPAÇÕES S.A. ENTER INTO MERGER AGREEMENT

  • AFYA - TO MERGE INTO YDUQS WITH YDUQS AS SURVIVING ENTITY

  • AFYA - COMBINED COMPANY SHARES TO BE LISTED SOLELY ON B3 NOVO MERCADO

  • AFYA - SHAREHOLDERS TO HOLD 69.0%, YDUQS SHAREHOLDERS 31.0% OF COMBINED COMPANY

  • AFYA - CLASS A SHARES TO BE DELISTED FROM NASDAQ

  • AFYA - EXCHANGE RATIO SET AT 6.408347 YDUQS SHARES FOR EACH AFYA SHARE

  • AFYA - PROPOSED DEAL TO BE CONSUMMATED NO LATER THAN MARCH 31, 2028

Further company coverage: AFYA.O

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