Cruzeiro do Sul Educacional S.A. completed the acquisition of Universidade Positivo from Positivo Group.

Cruzeiro do Sul Educacional S.A. agreed to acquire Universidade Positivo from Positivo Group on December 5, 2019. Universidade Positivo employs 1600 people. The finalization of the deal remains subject to regulatory approval and other closing conditions. Cruzeiro do Sul Educacional S.A. completed the acquisition of Universidade Positivo from Positivo Group on December 9, 2019.