Afya Limited Class A (AFYA) has released an update.
Afya Limited, a leading medical education group in Brazil, has signed an agreement to acquire Unidom Participações S.A., which includes Unidompedro and Faculdade Dom Luiz, adding 300 medical school seats to its portfolio. The deal, valued at R$ 660.0 million, with payments spread out and contingent on maintaining seat authorization, is expected to significantly boost Afya’s net revenue, particularly from its Medicine course. The acquisition’s completion is pending regulatory approval and could lead to further payments if additional seats are granted under the Mais Médicos 3 Program.
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