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Afya Limited Expands in Minas Gerais with Strategic Acquisition
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Afya Limited Expands in Minas Gerais with Strategic Acquisition

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The latest update is out from Afya ( (AFYA) ).

Afya Limited announced the acquisition of Faculdade Única de Contagem through its subsidiary, adding 60 medical school seats in Contagem, Minas Gerais, and potentially more pending regulatory approval. This strategic move will bolster Afya’s presence in the region and is expected to be financially advantageous with a projected EV/EBITDA of 3.3x by 2030, enhancing its industry positioning as a key player in medical education in Brazil.

More about Afya

Afya Limited is a leading medical education group in Brazil, known for its extensive network of medical school seats. The company offers a comprehensive ecosystem that supports and empowers medical students and physicians, facilitating their professional journey from medical school through residency, continuing education, and into their careers. Afya also provides medical practice solutions to enhance healthcare services.

YTD Price Performance: -33.52%

Average Trading Volume: 125,687

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.32B

Learn more about AFYA stock on TipRanks’ Stock Analysis page.

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