Afya agrees to merge into Yduqs, shifting listing to Brazil’s B3
Bitget2026/09/24 01:09- Afya agreed to merge into Yduqs, leaving Yduqs as the surviving holding company for the combined Brazilian higher education group.
- Afya shareholders are set to hold 69% of the combined company on a fully diluted basis; existing Yduqs shareholders 31%.
- Exchange ratio set at 6.41 new Yduqs shares for each Afya share, based on financials as of June 30, 2026.
- Afya’s Nasdaq-listed Class A shares are expected to be delisted; the combined company is set to remain listed only on B3.
- Closing targeted by March 31, 2028; break-up fees include BRL 325 million pre-shareholder meetings or BRL 650 million post-approval.
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