Afya agrees to combine with Yduqs and move the combined listing to Brazil
Afya ($AFYA) signed a binding agreement to combine with Brazilian education group Yduqs. Under the proposed ownership structure, Afya shareholders would hold approximately 69% of the combined company and Yduqs shareholders 31%. Bertelsmann would own around 47.4%. The transaction would bring Afya’s medical-education operations together with Yduqs’ broader higher-education business. Yduqs would be the surviving listed company, trading on Brazil’s B3 Novo Mercado, while Afya would leave Nasdaq afte
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